Published on 5/26/2011 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $1.43 million notes linked to Dow Industrials
By Angela McDaniels
Tacoma, Wash., May 26 - Morgan Stanley priced $1.43 million of 0% equity-linked notes due May 30, 2017 linked to the Dow Jones Industrial Average, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return, subject to a minimum payout of par.
Morgan Stanley & Co. Inc. is the agent.
Issuer: | Morgan Stanley
|
Issue: | Equity-linked notes
|
Underlying index: | Dow Jones Industrial Average
|
Amount: | $1,428,000
|
Maturity: | May 30, 2017
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus any index gain; floor of par
|
Initial level: | 12,356.21
|
Pricing date: | May 24
|
Settlement date: | May 27
|
Agent: | Morgan Stanley & Co. Inc.
|
Fees: | 3.5%
|
Cusip: | 617482TQ7
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