| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx Banks index > News item |
Morgan Stanley plans trigger autocallables linked to Euro Stoxx Banks
By Susanna Moon
Chicago, Jan. 8 – Morgan Stanley plans to price 0% autocallable securities due Jan. 26, 2018 linked to the Euro Stoxx Banks index, according to an FWP filing with the Securities and Exchange Commission.
The notes will be called at par of $10 plus a call return of 13.5% per year if the index closes at or above the initial index level on any of the first five semiannual determination dates.
The payment at maturity will be par of $10 plus 150% of any index gain.
If the index falls by up to the 75% trigger level, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
Morgan Stanley & Co. LLC is the agent.
The notes will price on Jan. 23 and settle on Jan. 28.
The Cusip number is 61764M638.
© 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.