E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/25/2008 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $3.54 million protected notes linked to Radar Logic Residential Property

By Susanna Moon

Chicago, Aug. 25 - Morgan Stanley priced $3.54 million of zero-coupon capital-protected notes due Jan. 5, 2011 linked to the Radar Logic Residential Property index, according to an FWP filing with the Securities and Exchange Commission.

Payout at maturity will be par plus 180% of any basket gain. Investors will receive at least par.

Morgan Stanley & Co. Inc. is the agent.

Issuer:Morgan Stanley
Issue:Capital-protected notes
Underlying index:Radar Logic Residential Property index
Amount:$3,543,000
Maturity:Jan. 5, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus 180% of any basket gain; floor of par
Initial index level:230.48
Pricing date:Aug. 22
Settlement date:Aug. 29
Agent:Morgan Stanley & Co. Inc.
Fees:2%

© 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.