JPMorgan plans return optimization securities tied to gold via UBS

By Jennifer Chiou

New York, Oct. 5 - JPMorgan Chase & Co. plans to price return optimization securities due April 19, 2013 linked to the price of gold, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus two times any gain in the price of gold, up to a maximum payment of $13.00 to $13.50 per note. The exact cap will be set at pricing.

Investors will share in any losses.

The notes (Cusip: 46636T465) will price on Oct. 14 and settle on Oct. 19.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

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