New Issue-JPMorgan Chase sells $5.9 bln TLGP notes in 2 parts

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Wed Apr 1, 2009 8:52pm BST

  April 1 (Reuters) - JPMorgan Chase & Co (JPM.N) on
Wednesday sold $5.9 billion of FDIC-guaranteed notes in a
two-part global debt sale under the Temporary Liquidity
Guarantee Program, said IFR, a Thomson Reuters service.
  The size of the deal was increased from an originally
planned $5.85 billion.
  J.P. Morgan was the sole bookrunning manager for the
sale.
BORROWER: JP MORGAN CHASE & CO*
FIRST TRANCHE:
AMT $2.3 BLN       COUPON 2.125 PCT    MATURITY 12/26/2012
TYPE GBL GTD NTS*  ISS PRICE 99.905    FIRST PAY N/A      
MOODY'S Aaa        YIELD N/A           SETTLEMENT 4/6/2009
S&P TRIPLE-A       SPREAD N/A          PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-A                         NON-CALLABLE       
SECOND TRANCHE:
AMT $3.6 BLN       COUPON 25 BPS/      MATURITY 12/26/2012
TYPE GBL GTD NTS*     3-MONTH LIBOR    FIRST PAY N/A      
MOODY'S Aaa        ISS PRICE 100       SETTLEMENT 4/6/2009
S&P TRIPLE-A       YIELD N/A           PAY FREQ QUARTERLY 
FITCH TRIPLE-A     SPREAD N/A          NON-CALLABLE       
* GUARANTEED BY FEDERAL DEPOSIT INSURANCE CORPORATION.


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