By Susanna Moon
Chicago, Nov. 2 - Morgan Stanley priced $2 million of 0% Performance Leveraged Upside Securities due Nov. 5, 2012 based on 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 1.3 times any index gain, up to a maximum of $1,260 per $1,000 principal amount.
Investors will be exposed to any losses.
Morgan Stanley & Co. Inc. is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | Dow Jones - UBS Commodity index
|
| Amount: | $2 million
|
| Maturity: | Nov. 5, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 130% of any index gain, capped at 26%; exposure to losses
|
| Initial level: | 147.2686
|
| Pricing date: | Oct. 29
|
| Settlement date: | Nov. 3
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 2.25%
|
| Cusip: | 617482PE8
|
© 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.
