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Published on 10/20/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $275,000 buffered digital notes linked to Nasdaq, Russell, SPDR S&P 500

New York, Oct. 20 – JPMorgan Chase Financial Co. LLC priced $275,000 of 0% buffered digital notes due Oct. 26, 2023 linked to the Nasdaq-100 index, Russell 2000 index and SPDR S&P 500 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset finishes at or above its 75% buffer level, the payout at maturity will be par plus 9.45%. Investors will lose 1% for every 1% the worst performing asset declines beyond its buffer.

The notes are non-callable.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Buffered digital notes
Underlying assets:Nasdaq-100 index, Russell 2000 index and SPDR S&P 500 ETF Trust
Amount:$275,000
Maturity:Oct. 26, 2023
Coupon:0%
Price:Par
Payout at maturity:If worst performing asset finishes at or above buffer level, par plus 9.45%; 1% loss for every 1% that worst performing asset declines beyond the buffer
Initial levels:11,311.24 for Nasdaq-100, 1,679.590 for Russell 2000, $367.95 for SPDR S&P 500
Buffer level:75% of initial levels
Call:Non-callable
Pricing date:Sept. 23, 2022
Settlement date:Sept. 28, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.6%
Cusip:48133NJB5

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