JPMorgan to price autocallable yield notes linked to iShares MSCI Emerging Markets, Russell 2000

By Angela McDaniels

Tacoma, Wash., July 10 - JPMorgan Chase & Co. plans to price 7% to 7.5% autocallable yield notes due July 25, 2013 linked to the iShares MSCI Emerging Markets index fund and the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The exact interest rate will be set at pricing. Interest will be payable monthly.

The notes will be called automatically at par if both underlying components close at or above their initial levels on Oct. 22, 2013, Jan. 22, 2013 or April 22, 2013.

A trigger event will occur if either underlying component falls by more than 40% during the life of the notes.

The payout at maturity will be par unless either underlying component finishes below its initial level and a trigger event has occurred, in which case investors will lose 1% for every 1% that the worst-performing underlying component declines below its initial level.

The notes are expected to price July 20 and settle July 25.

J.P. Morgan Securities LLC is the agent.

The Cusip number is 48125VR77.

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