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 10/2/2017 in the Prospect News Structured Products Daily.

Morgan Stanley plans trigger jump securities linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Oct. 2 – Morgan Stanley Finance LLC plans to price 0% trigger jump securities due Nov. 5, 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.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par of $10 plus the greater of the index return and 25.75%. If the index declines by up to 10%, the payout will be par. If the index declines by more than 10%, investors will lose 1% for every 1% that the index declines from its initial level.

Morgan Stanley & Co. LLC is the agent.

The notes will price Oct. 12.

The Cusip number is 61768J508.


© 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.