Published on 7/18/2006 in the Prospect News Convertibles Daily.
New Issue: Morgan Stanley prices $5 million 0% capital-protected notes linked to Nikkei
By Jennifer Chiou
New York, July 18 - Morgan Stanley priced $5 million of 0% global medium-term series F capital-protected notes due July 24, 2009 linked to the Nikkei 225 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any positive return on the index multiplied by a participation rate of 107%. Investors will receive at least par.
Issuer: | Morgan Stanley
|
Issue: | Capital-protected notes
|
Underlying index: | Nikkei 225
|
Amount: | $5 million
|
Maturity: | July 24, 2009
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 107% of any positive return on the index; floor of par
|
Pricing date: | July 17
|
Settlement date: | July 24
|
Agent: | Morgan Stanley & Co. Inc.
|
|
© 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.