8-KExhibits & Filings

JPMORGAN CHASE & CO 8-K Report, Exhibit Filing (Apr 4, 2007)

Filed April 4, 2007For Securities:JPMJPM-PCJPM-PDJPM-PKJPM-PLJPM-PMJPM-PJAMJBVYLD

Summary

This 8-K filing by JPMORGAN CHASE & CO. (JPM) on April 4, 2007, primarily serves to incorporate by reference various tax opinions related to several structured note offerings. These offerings include "Lesser Index Annual Review Notes," "Return Enhanced Notes," and "Reverse Exchangeable Notes," all linked to specific stock indices or individual company stocks. For investors, this filing signals JPM's continued activity in the structured products market, offering a range of notes with varying risk-return profiles and maturity dates. The inclusion of tax opinions from Davis Polk & Wardwell indicates a formal step in the issuance process, providing a legal framework for these complex financial instruments. Investors considering these types of notes should pay close attention to the underlying assets, coupon rates, maturity dates, and the specific terms and conditions detailed within the related prospectus supplements, which are not detailed in this 8-K.

Key Highlights

  • 1JPMORGAN CHASE & CO. filed an 8-K on April 4, 2007.
  • 2The primary purpose of the filing is to list and incorporate by reference tax opinions for several structured note offerings.
  • 3These offerings include various types of notes such as Lesser Index Annual Review Notes, Return Enhanced Notes, and Reverse Exchangeable Notes.
  • 4The notes are linked to diverse underlyings, including indices like the Dow Jones EURO STOXX 50®, Nikkei 225 Index, and S&P 500®, as well as individual stocks (Joy Global Inc., Six Flags, Inc., Altria Group, Inc.).
  • 5Tax opinions were provided by the law firm Davis Polk & Wardwell, indicating a formal legal review of these financial products.
  • 6The maturity dates for these notes range from July 2007 to April 2010, reflecting different investment horizons.
  • 7This filing is part of the company's ongoing issuance of structured financial products.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly disclose and incorporate by reference tax opinions provided by legal counsel (Davis Polk & Wardwell) for several specific structured note offerings that JPMORGAN CHASE & CO. is issuing.

The filing references several types of structured notes, including 'Lesser Index Annual Review Notes,' 'Return Enhanced Notes,' and 'Reverse Exchangeable Notes.' These notes are linked to various stock market indices and individual company stocks.

No, this 8-K filing does not provide specific performance data or detailed terms of the notes themselves. It primarily serves to include the tax opinions. Investors would need to refer to the related prospectus supplements or offering memorandums for comprehensive details on the note structures, risks, and terms.

The inclusion of tax opinions from a reputable law firm like Davis Polk & Wardwell signifies that the company has completed a key legal and regulatory step in the issuance process for these structured notes. It provides a formal opinion regarding the tax treatment, which is crucial for investors in understanding the potential tax implications of these products.