Morgan Stanley plans capped leveraged notes tied to index basket

By Susanna Moon

Chicago, Nov. 9 – Morgan Stanley Finance LLC plans to price 0% capped leveraged notes due in 27 to 30 months linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price 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 300% of any basket gain, up to a maximum settlement amount of $1,520.20 to $1,611.40 for each $1,000 principal amount of notes. The exact cap will be set at pricing.

Investors will be exposed to any losses.

Morgan Stanley is the agent.

The Cusip number is 61768CBU0.

© 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.