Summary
This Form 8-K filing by JPMORGAN CHASE & CO. (JPM) on April 25, 2007, primarily concerns the filing of exhibits related to specific debt issuances. The company is reporting tax opinions from Davis Polk & Wardwell concerning two series of "Lesser Index Principal Protected Notes." These notes are linked to various global stock market indices, including the Nikkei 225, S&P 500®, and Dow Jones EURO STOXX 50®. For investors, this filing signifies the completion of legal and tax documentation for these structured note offerings. The inclusion of tax opinions from a reputable law firm like Davis Polk & Wardwell provides a degree of assurance regarding the tax treatment of these specific financial products. Investors in or considering these particular notes should note the indices they are linked to and their respective maturity dates as indicated in the exhibit descriptions.
Key Highlights
- 1JPMORGAN CHASE & CO. filed a Form 8-K on April 25, 2007.
- 2The filing is primarily an update to Item 9.01 (Financial Statements and Exhibits).
- 3Two exhibits were filed, both being Tax Opinions from Davis Polk & Wardwell.
- 4Exhibit 8.1 pertains to tax opinions for 'Lesser Index Principal Protected Notes' linked to the Nikkei 225 Index and the S&P 500® Index, due April 11, 2008.
- 5Exhibit 8.2 pertains to tax opinions for 'Lesser Index Annual Review Notes' linked to the Dow Jones EURO STOXX 50® Index and the Nikkei 225 Index, due April 30, 2010.
- 6These exhibits are incorporated by reference into a JPMorgan Chase & Co. Registration Statement on Form S-3ASR.