Published on 7/28/2011 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $612,000 protected market-linked notes linked to Dow Industrials
By Toni Weeks
San Diego, July 28 - Morgan Stanley priced $612,000 of 0% market-linked notes due July 29, 2016 linked to the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 1.1 times the index return. If the index return is zero or negative, the payout will be par.
Morgan Stanley & Co. LLC and UBS Financial Services Inc. are the agents.
Issuer: | Morgan Stanley
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Issue: | Market-linked notes
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Underlying index: | Dow Jones Industrial Average
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Amount: | $612,000
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Maturity: | July 29, 2016
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus 110% times index return; minimum of par if index falls
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Initial level: | 12,501.3
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Pricing date: | July 26
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Settlement date: | July 29
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Agents: | Morgan Stanley & Co. LLC and UBS Financial Services Inc.
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Fees: | None
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Cusip: | 61760E481
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