| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers T > Headlines for Tokyo Stock Price index > News item |
Morgan Stanley eyes buffered PLUS linked to Tokyo Stock Price index
By Sarah Lizee
Olympia, Wash., Aug. 16 – Morgan Stanley Finance LLC plans to price 0% buffered Performance Leveraged Upside Securities due Sept. 3, 2021 linked to the Tokyo Stock Price 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 of $10 plus 200% of the index return, subject to a maximum return of 16.5%.
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 15%, the payout will be par.
If the final index level has decreased from the initial index level by more than 15%, investors will lose 1% for every 1% decline beyond 15%.
The notes will be guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
The notes will price Aug. 30.
The Cusip number is 61769Q501.
© 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.