New Issue: Morgan Stanley prices $2.38 million trigger PLUS tied to Euro Stoxx 50

By Marisa Wong

Madison, Wis., June 2 – Morgan Stanley priced $2.38 million of 0% trigger Performance Leveraged Upside Securities due May 29, 2025 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 200% of any index gain.

Investors will receive par if the index falls by up to 50% and will be fully exposed to any losses if the index finishes below the 50% trigger level.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$2,376,000
Maturity:	May 29, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain; par if index falls by up to 50%; full exposure to any losses if index finishes below trigger level
Initial index level:	3,619.30
Trigger level:	1,809.65, 50% of the initial price
Pricing date:	May 26
Settlement date:	May 29
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	61761JYS2

© 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.