| 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 to price accelerated return notes linked to Euro Stoxx
By Angela McDaniels
Tacoma, Wash., May 15 – Morgan Stanley Finance LLC plans to price 0% accelerated return securities due May 24, 2021 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 return is positive, the payout at maturity will be par plus 200% of the index return. If the index return is negative but the final index level is greater than or equal to the trigger level, the payout will be par. If the final index level is less than the trigger level, investors will be fully exposed to the index’s decline from its initial level.
The trigger level is expected to be at most 74.5% of the initial index level and will be set at pricing.
Morgan Stanley & Co. LLC is the agent.
The notes will price May 17.
The Cusip number is 61768CJQ1.
© 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.