JPMorgan plans 8.5%-11.5% trigger yield optimization notes tied to GE

By Susanna Moon

Chicago, Sept. 23 - JPMorgan Chase & Co. plans to price 8.5% to 11.5% trigger yield optimization notes due Sept. 30, 2012 linked to General Electric Co. shares, according to an FWP with the Securities and Exchange Commission.

The face amount of each note will be equal to the initial share price of General Electric stock.

Interest will be payable monthly.

The payout at maturity will be par in cash unless the final price of General Electric stock is less than 75% of the initial share price, in which case investors will receive one General Electric share per note.

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

The notes will price on Sept. 28 and settle on Sept. 30.

The Cusip is 46636T523.

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