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JPMorgan Chase Capital IX, 7.50% Capital Securities, Series I
Ticker Symbol: JPT* CUSIP: 46623C202 Exchange: NYSE
* NOTE: This security is no longer trading as of 12/04/2006
Security has been Called for: Monday, December 4, 2006
November 3, 2006 -- JPMorgan Chase & Co. and J.P. Morgan Chase Capital IX, a Delaware business trust subsidiary of JPMorgan Chase & Co., have announced that J.P. Morgan Chase Capital IX (NYSE: JPT) will redeem on December 4, 2006, all of the outstanding shares of J.P. Morgan Chase Capital IX, Series I $500,000,000 7.50% Capital Securities (CUSIP 46623C202) due February 15, 2031, at a redemption price equal to the aggregate Liquidation Amount of $25 per 7.50% Capital Security plus accumulated and unpaid distributions of $0.177083. On the Redemption Date, distributions on the 7.50% Capital Securities will cease to accrue. Payment will be made on December 4, 2006, only upon presentation and surrender of the 7.50% Capital Securities to The Bank of New York as Paying Agent, for cancellation.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: JPMorgan Chase Capital IX, 7.50% Capital Securities, Series I, liquidation amount $25 per share, guaranteed by JPMorgan Chase & Co. (NYSE: JPM), redeemable at the issuer's option on or after 4/30/2006 at $25 per share plus accrued and unpaid dividends, maturing 2/15/2031, distributions of 7.50% ($1.875) per annum are paid quarterly on 1/31, 4/30, 7/31 & 10/31 to holders of record one business day prior to the payment date while the securities remain in book-entry form. The company has the right, at any time, to defer dividend payments for up to 20 consecutive quarters (but not beyond the maturity date). The trust's assets consist of the 7.50% Junior Subordinated Deferrable Interest Debentures, Series I due 2/15/2031 which were purchased from the company using the funds generated from the sale of the trust preferred securities. See the IPO prospectus for further information on the trust preferred securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (JPM)
IPO - 2/2/2001 - 20.00 Million Shares @ $25.00/share.
Link to IPO Prospectus
Market Value $524.0 Million
Company's Online Information Links
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Company's Online SEC EDGAR Filings |
Company's Email Address Links |
Address and Phone Numbers |
Address: 270 Park Avenue, New York, NY 10017 |
Main Phone Number |
212-270-6000 |
Fax Number |
212-752-4823 |
Investor Contact
Julie Bates
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212-270-7318
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Toll Free Phone Number |
866-576-3228 |
CEO - William B. Harrison, Jr. |
COO - James Dimon |
CFO - Michael J. Cavanagh |
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