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Published on 6/8/2011 in the Prospect News Structured Products Daily.

JPMorgan amends maturity date for single review notes on MSCI World

By Marisa Wong

Madison, Wis., June 8 - JPMorgan Chase & Co. amended the maturity, pricing and settlement dates for its planned 0% single review notes linked to the MSCI World index. The notes are now due on July 16, 2012, and they are expected to price on June 9 and settle on June 14, according to an amended FWP filing with the Securities and Exchange Commission.

The notes were originally set to mature on July 2, 2012 and were scheduled to price May 26 and settle June 1, as reported on May 6.

According to a previous amended FWP filing dated May 26, the maturity date was extended to July 10, 2012, and the pricing date was pushed to June 7 and the settlement date to June 10.

If the final index level is greater than or equal to the initial index level, the notes will be automatically called at par plus a premium of at least 9.75%. The exact premium will be set at pricing.

If the notes are not called, investors will receive par at maturity if the index declines by 20% or less and will lose 1% for every 1% that the index declines beyond the initial level.

J.P. Morgan Securities LLC is the agent.

The Cusip is 48125XQB5.


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