New Issue: Morgan Stanley sells $948,500 trigger performance notes on Euro Stoxx

By Marisa Wong

Madison, Wis., Dec. 5 – Morgan Stanley priced $948,500 of 0% trigger performance notes due Nov. 30, 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 of $10 plus 146.6% of any index gain.

Investors will receive par if the index falls by up to 40% and will be fully exposed to any losses if the index finishes below the 60% trigger level.

Morgan Stanley & Co. LLC is the underwriter with UBS Financial Services Inc. as agent.

Issuer:	Morgan Stanley
Issue:	Trigger performance securities
Underlying index:	Euro Stoxx 50
Amount:	$948,500
Maturity:	Nov. 30, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 146.6% of any index gain; par if index falls by up to 40%; full exposure to any losses if index finishes below trigger level
Initial level:	3,226.15
Trigger level:	1,935.69, 60% of initial level
Pricing date:	Nov. 25
Settlement date:	Nov. 28
Agent:	UBS Financial Services Inc. and Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61764C705

© 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.