JPMorgan plans autocallable contingent interest notes on Halliburton

By Susanna Moon

Chicago, Aug. 7 - JPMorgan Chase & Co. plans to price autocallable contingent interest notes due Aug. 28, 2013 linked to Halliburton Co. shares, according to an FWP filing with the Securities and Exchange Commission.

If Halliburton shares close at or above the 75% trigger level on a quarterly review date, the notes will pay a coupon at an annualized rate of 15.45% for that quarter.

If Halliburton shares close at or above the initial share price on any of the review dates other than the final review date, the notes will be called at par plus the contingent coupon.

If the notes have not been called and the stock finishes at or above the trigger level, the payout at maturity will be par plus the contingent coupon.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 10 and settle on Aug. 15.

The Cusip number is 48125V2N9.

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