Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Morgan Stanley > News item |
Morgan Stanley plans to price buffered PLUS due 2023 on Euro Stoxx 50
By Sarah Lizee
Olympia, Wash., May 31 – Morgan Stanley Finance LLC plans to price 0% buffered Performance Leveraged Upside Securities due June 29, 2023 linked to the Euro Stoxx 50 index, according to an FWP filed with the Securities and Exchange Commission.
The payout at maturity will be par plus 238% to 248% of any index gain, with the exact participation rate to be set at pricing.
Investors will receive par if the index falls by up to 25% and will lose 1% for each 1% decline beyond the buffer, subject to the minimum payment at maturity of 25%.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
The notes will price on June 26 and settle on June 29.
The Cusip number is 61768C3Q8.
© 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.