JPMorgan plans contingent interest autocallable notes linked to Coach

By Susanna Moon

Chicago, June 25 - JPMorgan Chase & Co. plans to price autocallable contingent interest notes due July 16, 2014 linked to Coach Inc. shares, according to an FWP filing with the Securities and Exchange Commission.

If Coach shares close at or above the 80% trigger level on a quarterly review date, the notes will pay a coupon that quarter at an annualized rate of 18%.

If the shares close at or above the initial share price on any review date other than the final review date, the notes will be called at par plus the coupon.

If the notes have not been called and the stock finishes at or above the trigger level, the payout at maturity will be par plus the coupon.

Otherwise, investors will be fully exposed to losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on June 28 and settle on July 3.

The Cusip number is 48126NGD3.

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