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 1/18/2018 in the Prospect News Structured Products Daily.

Morgan Stanley to price two-year review notes on Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Jan. 18 – Morgan Stanley Finance LLC plans to price 0% review notes due Jan. 23, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The notes will be called at par plus an annual call premium of 10.95% if the index closes at or above its initial level on any annual review date.

If the notes are not called, the payout at maturity will be par unless the index falls by more than 25%, in which case investors will lose 1% for every 1% decline below the initial level.

Morgan Stanley & Co. LLC is the agent with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.

The notes will price on Jan. 19.

The Cusip number is 61768CYP6.


© 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.