Published on 7/27/2011 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $356,000 equity-linked notes tied to DJIA
By Jennifer Chiou
New York, July 27 - Morgan Stanley priced $356,000 of 0% equity-linked notes due July 28, 2017 linked to the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
If the index falls, the payout will be par.
Morgan Stanley & Co. Inc. is the agent.
Issuer: | Morgan Stanley
|
Issue: | Equity-linked notes
|
Underlying index: | Dow Jones Industrial Average
|
Amount: | $356,000
|
Maturity: | July 28, 2017
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus any index gain; floor of par
|
Initial level: | 12,592.80
|
Pricing date: | July 25
|
Settlement date: | July 28
|
Agent: | Morgan Stanley & Co. Inc.
|
Fees: | 3.5%
|
Cusip: | 617482WC4
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