Published on 11/26/2013 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $1 million notes linked to Dow Jones - UBS Commodity
By Angela McDaniels
Tacoma, Wash., Nov. 26 - Morgan Stanley priced $1 million of 0% commodity-linked notes due May 27, 2021 linked to the Dow Jones - UBS Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 115% of the index return, subject to a minimum payout of par.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley
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Issue: | Commodity-linked notes
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Underlying index: | Dow Jones - UBS Commodity index
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Amount: | $1 million
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Maturity: | May 27, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 115% of index return, subject to minimum payout of par
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Initial index level: | 123.8111
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Pricing date: | Nov. 22
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Settlement date: | Nov. 27
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 3.5%
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Cusip: | 61762GAM6
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