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 to price trigger PLUS linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Nov. 4 – Morgan Stanley Finance LLC plans to price 0% trigger Performance Leveraged Upside Securities due Dec. 5, 2022 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index finishes above its initial level, the payout at maturity will be par of $10 plus 210% of the index return.
If the index finishes at or below its initial level but at or above its trigger level, the payout will be par. The trigger level is 65% of the initial index level.
If the index finishes below its trigger level, investors will be fully exposed to the index’s decline from its initial level.
Morgan Stanley & Co. LLC is the agent.
The notes will price Nov. 30.
The Cusip number is 61766F474.
© 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.