New Issue: Morgan Stanley sells $29.06 million capped leveraged buffered notes on index basket

By Marisa Wong

Morgantown, W.Va., Feb. 4 – Morgan Stanley priced $29.06 million of capped leveraged buffered notes due Feb. 1, 2018 linked to a basket of indexes, according to a 424B2 filed with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 1.5 times any basket gain, up to a maximum return of $1,309 per $1,000 principal amount.

Investors will receive par if the basket falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Capped leveraged buffered notes
Underlying indexes:	Euro Stoxx 50 (37% initial weight), FTSE 100 (23% initial weight), Topix (23% initial weight), Swiss Market (9% initial weight) and S&P/ASX 200 (8% initial weight)
Amount:	$29,062,000
Maturity:	Feb. 1, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 1.5 times any index gain up to $1,309 maximum payout per note; par if basket falls by up to 10%; 1.1111% loss for every 1% drop beyond 10%
Initial levels:	3,045.09 for Euro Stoxx, 6,083.79 for FTSE, 1,432.07 for Topix, 8,319.81 for Swiss Market and 5,005.524 for S&P/ASX
Pricing date:	Jan. 29
Settlement date:	Feb. 5
Agent:	Morgan Stanley & Co. LLC
Fees:	2%
Cusip:	61761JV55

© 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.