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Published on 10/21/2010 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $26.44 million return enhanced notes on J.P. Morgan Alternative index

By Susanna Moon

Chicago, Oct. 21 - JPMorgan Chase & Co. priced $26.44 million of 0% return enhanced notes due Oct. 24, 2013 based on the J.P. Morgan Alternative Index Multi-Strategy 5 (USD), according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.15 times any index gain.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Return enhanced notes
Underlying index:J.P. Morgan Alternative Index Multi-Strategy 5 (USD)
Amount:$26.44 million
Maturity:Oct. 24, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus 115% of any index gain; exposure to any losses
Initial index level:103.10
Pricing date:Oct. 19
Settlement date:Oct. 22
Agent:J.P. Morgan Securities LLC
Fees:2.1%, including 0.1% for selling concessions
Cusip:48124AN52

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