By Angela McDaniels
Seattle, Aug. 21 - JPMorgan Chase & Co. priced $3 million of zero-coupon principal-protected notes due Aug. 19, 2010 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the S&P GSCI Energy Index Excess Return with a 35% weight, the S&P GSCI Agriculture Index Excess Return with a 25% weight, the S&P GSCI Industrial Metals Index Excess Return with a 20% weight, the S&P GSCI Precious Metals Index Excess Return with a 10% weight and the S&P GSCI Livestock Index Excess Return with a 10% weight.
The payout at maturity will be par plus 120% of any basket gain. Investors will receive at least par.
J.P. Morgan Securities Inc. is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Principal-protected notes
|
| Underlying basket: | S&P GSCI Energy Index Excess Return (35% weight), S&P GSCI Agriculture Index Excess Return (25% weight), S&P GSCI Industrial Metals Index Excess Return (20% weight), S&P GSCI Precious Metals Index Excess Return (10% weight), S&P GSCI Livestock Index Excess Return (10% weight)
|
| Amount: | $3 million
|
| Maturity: | Aug. 19, 2010
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 120% of any basket gain with floor of par
|
| Pricing date: | Aug. 17
|
| Settlement date: | Aug. 22
|
| Agent: | J.P. Morgan Securities Inc.
|
| Fees: | 1%
|
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