E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/9/2015 in the Prospect News Structured Products Daily.

Morgan Stanley plans to price trigger PLUS due 2025 tied to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Oct. 9 – Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due Oct. 30, 2023 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 180% of the index return. Investors will receive par if the index declines by 50% or less and will be fully exposed to the index’s decline from its initial level if it falls by more than 50%.

Morgan Stanley & Co. LLC is the agent.

The notes will price Oct. 27 and settle Oct. 30.

The Cusip number is 61761JM89.


© 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.