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 dual directional trigger PLUS on Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., March 30 – Morgan Stanley Finance LLC plans to price 0% dual directional trigger Performance Leveraged Upside Securities due April 3, 2020 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The notes will be guaranteed by Morgan Stanley.
If the index finishes above its initial level, the payout at maturity will be par of $10 plus 200% of the gain, subject to a maximum payment of $15.825 per PLUS.
If the index finishes flat or falls by no more than 20%, the payout will be par plus the absolute value of the index return.
If the index finishes below its 80% trigger level, investors will be fully exposed to any losses.
Morgan Stanley & Co. LLC is the agent.
The notes will price on March 31.
The Cusip number is 61766V529.
© 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.