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 will price trigger PLUS linked to S&P 500, Euro Stoxx
By Devika Patel
Knoxville, Tenn., Dec. 30 – Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due Jan. 29, 2021 linked to the lesser performing of the S&P 500 index and the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If each index finishes at or above the initial level, the payout at maturity will be par of $1,000 plus 205% of the return of the worse performing index.
If each index finishes at or above the 65% trigger level, the payout will be par.
Otherwise, investors will be fully exposed to any losses of the worse performing index.
Morgan Stanley & Co. LLC is the agent.
The notes (Cusip: 61761JT58) will price on Jan. 26 and settle on Jan. 29.
© 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.