Published on 10/30/2006 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $189,000 0% notes linked to Dow Jones - AIG Commodity
By Angela McDaniels
Seattle, Oct. 30 - JPMorgan Chase & Co. priced a $189,000 issue of zero-coupon principal-protected notes due Oct. 31, 2011 linked to the Dow Jones - AIG Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 105% of any gain on the index. Investors will receive at least par.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Principal-protected senior unsecured notes
|
| Underlying index: | Dow Jones - AIG Commodity
|
| Amount: | $189,000
|
| Maturity: | Oct. 31, 2011
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 105% of any gain on the index; floor of par
|
| Initial index level: | 169.145
|
| Pricing date: | Oct. 26
|
| Settlement date: | Oct. 31
|
| Agent: | J.P. Morgan Securities Inc.
|
| Agent fees: | 428 basis points
|
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