New Issue: Morgan Stanley prices $4 million performance notes on Bloomberg Commodity 3 Month Forward

By Toni Weeks

San Luis Obispo, Calif., May 29 – Morgan Stanley priced $4 million of 0% performance securities due May 31, 2022 linked to the Bloomberg Commodity Index 3 Month Forward, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 202% of any index gain. Investors will be fully exposed to any decline in the index.

Morgan Stanley & Co. LLC is the underwriter with UBS Financial Services Inc. as agent.

Issuer:	Morgan Stanley
Issue:	Performance securities
Underlying index:	Bloomberg Commodity Index 3 Month Forward
Amount:	$3,996,000
Maturity:	May 31, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 202% of any index gain; full exposure to any losses
Initial level:	225.2542
Pricing date:	May 26
Settlement date:	May 29
Underwriter:	Morgan Stanley & Co. LLC
Agent:	UBS Financial Services Inc.
Fees:	None
Cusip:	61764V778

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.