New Issue: Morgan Stanley prices $4.37 million enhanced trigger jump notes tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., July 2 - Morgan Stanley priced $4.37 million of 0% enhanced trigger jump securities due June 29, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the downside threshold value, 65% of the initial index level, the payout at maturity will be par of $10 plus the greater of the index return and a fixed percentage of 30%.

If the final index level is less than or equal to the downside threshold value, investors will be fully exposed to the index's decline from the initial level.

Morgan Stanley & Co. LLC is the agent, and Morgan Stanley Smith Barney LLC is the dealer.

Issuer:	Morgan Stanley
Issue:	Trigger jump securities
Underlying index:	Euro Stoxx 50
Amount:	$4,367,170
Maturity:	June 29, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is above downside threshold level, par plus greater of index return and 30%; if final index level is at or below downside threshold level, full exposure to losses from the initial index level
Initial level:	2,602.59
Downside threshold:	1,691.684, 65% of initial level
Pricing date:	June 28
Settlement date:	July 3
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	61762E679

© 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.