JPMorgan to price 0% buffered return enhanced notes linked to Euro Stoxx 50

By Jennifer Chiou

New York, Oct. 30 - JPMorgan Chase & Co. plans to price an issue of 0% buffered return enhanced notes due Nov. 21, 2007 linked to the Dow Jones Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The pricing date is expected to be on or about Nov. 3 with settlement on Nov. 8.

The payout at maturity will be par plus twice any positive return on the index up to a maximum return, which will be determined at pricing and will be at least 14%.

If the ending index level declines by 10% or less, payout at maturity will be par. Holders will lose 1.1111% for each 1% the index declines beyond 10%.

J.P. Morgan Securities Inc. will be the agent for the offering.

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