E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/29/2010 in the Prospect News Structured Products Daily.

Morgan Stanley plans 0% buffered PLUS on DJ-UBS Commodity via JPMorgan

By Susanna Moon

Chicago, June 29 - Morgan Stanley plans to price 0% buffered Performance Leveraged Upside Securities due Jan. 12, 2012 based on the Dow Jones - UBS Commodity Index 3 Month Forward, according to an FWP filing with the Securities and Exchange Commission.

JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc. are the agents.

The payout at maturity will be par plus 1.175 times any index gain, up to a maximum payment of $1,176.25 per $1,000 principal amount.

Investors will receive par if the index falls by up to 15% and will lose 1.176% for each 1% decline beyond 15%.

The notes will price on July 2 and settle on July 12.


© 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.