JPMorgan plans trigger autocallable notes linked to SanDisk via UBS

By Susanna Moon

Chicago, Feb. 1 - JPMorgan Chase & Co. plans to price 0% trigger autocallable optimization securities due Feb. 7, 2013 linked to SanDisk Corp. shares, according to an FWP with the Securities and Exchange Commission.

If SanDisk shares close at or above the initial share price on any quarterly observation date, the notes will be called at par plus an annualized call premium of 15% to 19%. The exact percentage will be set at pricing.

If the notes are not called and the stock finishes at or above the 75% trigger level, the payout at maturity will be par.

Otherwise, investors will share fully in any losses.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

The notes will price on Feb. 3 and settle on Feb. 8.

The Cusip number is 48126B392.

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