| 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 three-year trigger gears linked to Stoxx 50
New York, May 14 – Morgan Stanley Finance LLC plans to price 0% trigger gears securities due May 28, 2021 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index finishes above the initial level, the payout at maturity will be par plus the upside gearing of between 2.32 times and 2.42 times the gain. The exact upside gearing will be set at pricing.
If the index falls but finishes at or above the 70% downside threshold level, the payout will be par.
If the index falls by more than 30%, investors will lose 1% for each 1% decline of the index from its initial level.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC and UBS Financial Services Inc. are the agents.
The notes will price on May 29 and settle on May 31.
The Cusip number is 61768Q411.
© 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.