JPMorgan plans 11.4%-14.4% trigger phoenix autocallables linked to CNH

By Susanna Moon

Chicago, Aug. 15 - JPMorgan Chase & Co. plans to price trigger phoenix autocallable optimization securities due Aug. 22, 2013 linked to CNH Global NV shares, according to a 424B2 filing with the Securities and Exchange Commission.

If CNH stock closes at or above the 60% barrier level on any quarterly observation date, the issuer will pay an annualized contingent coupon of 11.4% to 14.4% for that quarter.

If the shares close at or above the initial price on any quarterly observation date, the notes will be called at par of $10 plus the contingent coupon.

If the notes are not called and CNH shares finish at or above the trigger price, the payout at maturity will be par plus the contingent coupon.

Otherwise, investors will be fully exposed to any losses.

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

The notes will price on Aug. 16 and settle on Aug. 21.

The Cusip number is 48126E776.

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