Published on 3/3/2016 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley sells $1.44 million market-linked notes on index basket
By Wendy Van Sickle
Columbus, Ohio, March 3 – Morgan Stanley priced $1.44 million of market-linked notes due Sept. 1, 2023 linked to an equally weighted basket containing the Euro Stoxx 50 index, the S&P 500 index and the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 110% of any basket gain.
If the basket falls, the payout will be par.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Market-linked notes
|
| Underlying indexes: | S&P 500, Euro Stoxx 50, Topix, equal weights
|
| Amount: | $1,444,580
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| Maturity: | Sept. 1, 2023
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| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 110% of the basket gain; if basket falls, par
|
| Initial levels: | 1,932.23 for S&P, 2,945.75 for Stoxx, 1,297.85 for Topix
|
| Pricing date: | Feb. 29
|
| Settlement date: | March 3
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3.5%
|
| Cusip: | 61765U803
|
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