| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers M > Headlines for Morgan Stanley Finance LLC > News item |
Morgan Stanley to price buffered PLUS due 2022 linked to S&P 500
By Angela McDaniels
Tacoma, Wash., Sept. 5 – Morgan Stanley Finance LLC plans to price 0% buffered Performance Leveraged Upside Securities due Sept. 12, 2022 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.
If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 126% to 130% of the index return.
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 20%, the payout will be par.
Otherwise, investors will lose 1% for every 1% that the index declines beyond 20%.
Morgan Stanley & Co. LLC is the agent.
The notes will price Sept. 7.
The Cusip number is 61768CQF7.
© 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.