JPMorgan plans 6.5% autocallable yield notes on Russell, two funds

By Susanna Moon

Chicago, Feb. 11 - JPMorgan Chase & Co. plans to price 6.5% autocallable yield notes due Feb. 24, 2014 linked to the Market Vectors Gold Miners ETF, iShares MSCI Emerging Markets index fund and the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

Interest is payable monthly. The exact coupon will be set at pricing.

The notes will be called at par if any underlying component closes at or above its initial level on any of the quarterly call dates.

A trigger event will occur if any component falls by more than 38% on any day during the life of the notes.

The payout at maturity will be par unless a trigger event has occurred and any component finishes below its initial level, in which case investors will lose 1% for every 1% decline of the worse-performing component.

J.P. Morgan Securities LLC is the agent.

The notes will price on Feb. 19 and settle on Feb. 22.

The Cusip number is 48126DWS4.

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