Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Morgan Stanley plans trigger PLUS linked to Euro Stoxx 50, S&P 500
By Angela McDaniels
Tacoma, Wash., Sept. 21 – Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due Sept. 28, 2018 linked to an equally weighted basket composed of the S&P 500 index and the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the basket return is positive, the payout at maturity will be par of $10 plus 150% of the basket return, subject to a maximum return of 39.25%. Investors will receive par if the basket declines by 25% or less and will be fully exposed to the basket’s decline from its initial level if it falls by more than 25%.
Morgan Stanley & Co. LLC is the agent.
The notes will price Sept. 25 and settle Sept. 30.
The Cusip number is 61765R511.
© 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.