| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for Russell 2000 index > News item |
Morgan Stanley plans buffered participation notes tied to Russell 2000
By Angela McDaniels
Tacoma, Wash., June 24 - Morgan Stanley plans to price 0% buffered participation securities due July 2015 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus the index return, subject to a maximum return of 27% to 31% that will be set at pricing. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%, if any.
Morgan Stanley & Co. LLC is the agent.
The notes will price and settle in July.
The Cusip number is 61762E836.
© 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.