New Issue: JPMorgan prices $9.45 million return notes linked to basket of 15 stocks

By Angela McDaniels

Tacoma, Wash., Oct. 6 - JPMorgan Chase & Co. priced $9.45 million of 0% return notes due Oct. 15, 2010 linked to a basket of 15 stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of equal weights of Akamai Technologies, Inc., Cadence Design Systems, Inc., Church & Dwight Co., Inc., Encore Acquisition Co., Endo Pharmaceuticals Holdings Inc., FactSet Research Systems Inc., Gen-Probe Inc., McMoRan Exploration Co., MetroPCS Communications, Inc., Monster Worldwide, Inc., Office Depot, Inc., RRI Energy, Inc., tw telecom inc., UTi Worldwide Inc. and ValueClick, Inc.

The payout at maturity will be 99% of the sum of par plus the basket return. Investors could lose some of their principal if the basket return is less than 1.01%.

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

Issuer:	JPMorgan Chase & Co.
Issue:	Return notes
Underlying stocks:	Akamai Technologies, Inc., Cadence Design Systems, Inc., Church & Dwight Co., Inc., Encore Acquisition Co., Endo Pharmaceuticals Holdings Inc., FactSet Research Systems Inc., Gen-Probe Inc., McMoRan Exploration Co., MetroPCS Communications, Inc., Monster Worldwide, Inc., Office Depot, Inc., RRI Energy, Inc., tw telecom inc., UTi Worldwide Inc. and ValueClick, Inc.
Amount:	$9,451,000
Maturity:	Oct. 15, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	99% of the sum of par plus the basket return
Pricing date:	Oct. 2
Settlement date:	Oct. 7
Agent:	J.P. Morgan Securities Inc.
Fees:	0.5%

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.