| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for Stoxx Europe 600 index > News item |
Morgan Stanley plans to price buffered PLUS linked to Stoxx Europe
By Sarah Lizee
Olympia, Wash., Oct. 29 – Morgan Stanley Finance LLC plans to price 0% buffered Performance Leveraged Upside Securities due Nov. 7, 2022 linked to the Stoxx Europe 600 index, according to an FWP filing with the Securities and Exchange Commission.
If the final index level is greater than the initial index level, the payout at maturity will be par plus 300% of the index return, subject to a maximum return of 45%.
If the final index level is less than or equal to the initial index level but has decreased from the initial index level by no more than 10%, the payout will be par.
If the final index level has decreased from the initial index level by more than 10%, investors will lose 1% for every 1% decline beyond 10%.
The notes will be guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
The notes will price Oct. 31.
The Cusip number is 61769HE76.
© 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.