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 5/4/2016 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $8.18 million trigger PLUS linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, May 4 – Morgan Stanley Finance LLC priced $8.18 million of 0% trigger Performance Leveraged Upside Securities due May 5, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The payout at maturity will be par of $10 plus 190% of any gain in the index.

Investors will receive par if the index falls by up to 35% and will be fully exposed to any losses if the index finishes below the 65% trigger level.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Trigger Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$8,175,690
Maturity:May 5, 2022
Coupon:0%
Price:Par of $10
Payout at maturity:If index finishes above initial level, par plus 190% of index return; if index finishes at or below initial level but at or above trigger level, par; if index finishes below trigger level, full exposure to decline
Initial index level:3,028.21
Trigger level:1,968.337, 65% of initial level
Pricing date:April 29
Settlement date:May 4
Agent:Morgan Stanley & Co. LLC
Fees:3.5%
Cusip:61766B283

© 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.