Morgan Stanley to price principal-protected notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Nov. 2 – Morgan Stanley Finance LLC plans to price 0% market-linked notes due June 5, 2024 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The payout at maturity will be par of $10 plus the index return, subject to a minimum payout of par and a maximum payout of 160% of par.

Morgan Stanley & Co. LLC is the agent.

The notes will price Nov. 30.

The Cusip number is 61766F466.

© 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.