By Susanna Moon
Chicago, Jan. 26 - Morgan Stanley priced $6.27 million of 0% buffered Performance Leveraged Upside Securities due Jan. 27, 2012 based on the iShares MSCI Emerging Markets index fund, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10.00 plus double any fund gain, up to a maximum payout of $13.10 per note.
Investors will receive par if the fund falls by up to 10% and will be exposed to losses beyond 10%.
Morgan Stanley & Co. Inc. is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying fund: | iShares MSCI Emerging Markets index fund
|
| Amount: | $6,270,520
|
| Maturity: | Jan. 27, 2012
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 200% of any fund gain, capped at 31%; par if fund falls by up to 10% and exposure to losses beyond 10%
|
| Initial share price: | $39.89
|
| Pricing date: | Jan. 25
|
| Settlement date: | Jan. 28
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 2.25%
|
| Cusip: | 617484688
|
© 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.
