JPMorgan plans contingent interest autocallables linked to Gold Miners

By Susanna Moon

Chicago, April 15 - JPMorgan Chase & Co. plans to price autocallable contingent interest notes due April 24, 2015 linked to Market Vectors Gold Miners exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 10% to 12% if the fund closes at or above the trigger level, 65% of the initial share price, on the review date for that quarter.

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

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

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on April 21 and settle on April 24.

The Cusip number is 48127DFA1.

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