Published on 5/13/2013 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $8.26 million return optimization notes on Euro Stoxx 50
By Jennifer Chiou
New York, May 13 - Morgan Stanley priced $8,255,000 of 0% return optimization securities due May 14, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus five times any gain in the index, up to a maximum return of 18.1%.
Investors will share in losses.
Morgan Stanley & Co. LLC and UBS Financial Services Inc. are the agents.
| Issuer: | Morgan Stanley
|
| Issue: | Return optimization securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $8,255,000
|
| Maturity: | May 14, 2018
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 500% of any index gain, capped at 18.1%; exposure to losses
|
| Initial level: | 2,773.16
|
| Pricing date: | May 9
|
| Settlement date: | May 14
|
| Agents: | Morgan Stanley & Co. LLC and UBS Financial Services Inc.
|
| Fees: | 2.5%
|
| Cusip: | 61762E414
|
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