New Issue: JPMorgan prices $1.05 million floaters linked to Consumer Price Index

By Susanna Moon

Chicago, July 29 - JPMorgan Chase & Co. priced $1.05 million of floating-rate notes due July 30, 2013 linked to the Consumer Price Index, according to a 424B2 with the Securities and Exchange Commission.

Interest will be payable monthly at an annual rate equal to the year-over-year change in the CPI times 1.2, with a floor of 0%.

J.P. Morgan Securities Inc. is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Floating-rate notes
Underlying index:	Consumer Price Index
Amount:	$1,045,000
Maturity:	July 30, 2013
Coupon:	1.2 times year-over-year change in index; floor of 0%; payable monthly
Price:	Par
Payout at maturity:	Par plus accrued interest
Pricing date:	July 25
Settlement date:	July 30
Agent:	J.P. Morgan Securities Inc.
Fees:	4.497%, including 2.21% for selling concessions

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