Published on 12/8/2015 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $2.20 million market-linked notes on index basket
New York, Dec. 8 – Morgan Stanley priced $2.20 million of 0% market-linked notes due June 2, 2023 linked to an equally weighted basket comprised of the S&P 500 index, Euro Stoxx 50 index and Topix index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any basket gain capped at a payout of par plus 100%.
If the basket falls, the payout will be par.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley
|
Issue: | Market-linked notes
|
Underlying indexes: | S&P 500 index, Euro Stoxx 50 index and Topix index, equally weighted
|
Amount: | $2,202,300
|
Maturity: | June 2, 2023
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | Par plus any basket gain capped at par plus 100%; if basket falls, par
|
Initial levels: | 2,080.41 for S&P, 3,506.45 for Euro Stoxx, 1,580.25 for Topix
|
Pricing date: | Nov. 30
|
Settlement date: | Dec. 3
|
Agent: | Morgan Stanley & Co. LLC
|
Fees: | 3.5%
|
Cusip: | 61765U175
|
|
|
© 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.