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 8/26/2010 in the Prospect News Structured Products Daily.

Morgan Stanley plans buffered return enhanced notes on Euro Stoxx 50

By Jennifer Chiou

New York, Aug. 26 - Morgan Stanley plans to price 0% buffered return enhanced notes due March 3, 2011 linked to the Euro Stoxx 50 index, 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 double any index gain, subject to a maximum return of 10.8%. Investors will receive par if the index declines by 8% or less and will lose 1.087% for every 1% decline beyond 8%.

The notes (Cusip: 617482NE0) are expected to price on Aug. 27 and settle on Sept. 3.


© 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.