New Issue-JPMorgan Chase sells $2.5 bln 30-yr sr notes

May 16 (Reuters) - U.S. bank J.P. Morgan Chase & Co
(JPM.N: Quote, Profile, Research, Stock Buzz) on Friday sold $2.5 billion in 30-year senior notes,
said market sources.

J.P. Morgan was the sole bookrunning manager for the
sale.
BORROWER: J P MORGAN CHASE & CO
AMT $2.5 BLN COUPON 6.40 PCT MATURITY 5/15/2038
TYPE SR NOTES ISS PRICE 98.846 FIRST PAY 11/15/2008
MOODY'S Aa2 YIELD 6.488 PCT SETTLEMENT 5/22/2008
S&P AA-MINUS SPREAD 195 BPS PAY FREQ SEMI-ANNUAL
FITCH AA-MINUS MORE THAN TREAS NON-CALLABLE