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Published on 1/3/2011 in the Prospect News Structured Products Daily.

JPMorgan calls $13.32 million optimization notes tied to Halliburton

By Marisa Wong

Madison, Wis., Jan. 3 - JPMorgan Chase & Co. gave notice that it called all $13,321,600 of its outstanding 0% autocallable optimization notes with contingent protection due Dec. 1, 2011 linked to the common stock of Halliburton Co. on Dec. 31.

The notes were called at par plus an annualized return of 25.08%.

JPMorgan issued the notes (Cusip: 46634X658) on Nov. 30. As previously reported, the notes would be automatically called if the stock closed at or above its initial price on any of 12 monthly observation dates.

The Bank of New York Mellon is the trustee for the redemption.

UBS Financial Services Inc. and J.P. Morgan Securities LLC were the underwriters.


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