Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Morgan Stanley plans one-year index Lasers linked to Euro Stoxx 50
By Jennifer Chiou
New York, Sept. 28 - Morgan Stanley plans to price 0% index Leading Stockmarket Return Securities due October 2011 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.
If the index finishes at or above 75% of its initial level during the life of the notes, the payout at maturity will be par of $10 plus the greater of any index gain and 10%.
Otherwise, the payout will be par plus the index return with exposure to losses.
In either case, the payout will be capped at 20% to 22%.
The notes (Cusip: 61759G398) will price and settle in September.
Morgan Stanley & Co. Inc. is the agent.
© 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.