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Morgan Stanley plans 0% capped buffered notes tied to Euro Stoxx 50
By Tali Rackner
Norfolk, Va., Aug. 12 – Morgan Stanley plans to price 0% capped buffered notes due between February 2017 and May 2017 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 $1,000 plus the index gain, up to a maximum settlement amount that is expected to be between $1,156 and $1,185 per $1,000 principal amount. The exact cap will be set at pricing.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.
Morgan Stanley & Co. LLC is the agent.
The notes will price and settle in August.
The Cusip number is 61761JG29.
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