Published on 7/31/2013 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $4.2 million market-linked notes on the Dow
By Susanna Moon
Chicago, July 31 - Morgan Stanley priced $4.2 million of 0% market-linked notes due Jan. 29, 2021 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. LLC is the agent.
Issuer: | Morgan Stanley
|
Issue: | Market-linked notes
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Underlying index: | Dow Jones industrial average
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Amount: | $1 million
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Maturity: | Jan. 29, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus return, floor of par
|
Initial index level: | 15,558.83
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Pricing date: | July 26
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Settlement date: | July 31
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 1.5%
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Cusip: | 61761JJW0
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