Morgan Stanley plans 4.5% two-year buffered notes tied to Euro Stoxx

By Susanna Moon

Chicago, July 20 – Morgan Stanley Finance LLC plans to price 4.5% fixed income buffered securities due Aug. 9, 2019 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.

Interest is payable semiannually.

The payout at maturity will be par unless the index falls by more than 20%, in which case investors will lose 1.25% for each 1% decline beyond 20%.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Aug. 4 and settle on Aug. 9.

The Cusip number is 61768CMS3.

© 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.