Published on 7/29/2010 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $7.15 million notes due 2017 on Dow Jones Industrial Average
By Marisa Wong
Madison, Wis., July 29 - Morgan Stanley priced $7.15 million of 0% equity-linked notes due March 30, 2017 based on the Dow Jones Industrial Average, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 1.05 times the index return, subject to a minimum payout of par.
Morgan Stanley & Co. Inc. is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Equity index-linked notes
|
| Underlying index: | Dow Jones Industrial Average
|
| Amount: | $7,153,960
|
| Maturity: | March 30, 2017
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 1.05 times index return, subject to floor of par
|
| Initial index level: | 10,497.88
|
| Pricing date: | July 28
|
| Settlement date: | July 30
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 3.5%
|
| Cusip: | 61759G653
|
© 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.
