Morgan Stanley plans partial principal at risk notes linked to Bloomberg commodity index

New York, March 28 – Morgan Stanley Finance LLC plans to price 0% commodity-linked partial principal at risk securities due April 2, 2020 linked to the Bloomberg Commodity Index 3 Month Forward, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity for each $1,000 principal amount will be $964.30 plus the supplemental redemption amount, which is equal to the index return and subject to a floor of zero. If the index does not gain by at least 3.57%, investors will receive less than par.

Morgan Stanley & Co. LLC is the agent with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.

The notes will price on March 29 and settle on April 4.

The Cusip number is 61766YCP4.

© 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.