Morgan Stanley plans buffered jump securities due 2014 tied to the Dow

By Marisa Wong

Madison, Wis., Oct. 3 - Morgan Stanley plans to price 0% buffered jump securities due October 2014 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par plus the greater of the gain and an upside payment of 14%.

Investors will receive par if the index falls by up to 10% and will be exposed to losses beyond 10%.

Morgan Stanley & Co. LLC is the agent.

The notes will price and settle in October.

The Cusip number is 6174822W3.

© 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.