| 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 plans 48- to 51-month buffered digital notes on Stoxx
By Sarah Lizee
Olympia, Wash., July 23 – Morgan Stanley Finance LLC plans to price 0% buffered digital notes due in 48 to 51 months linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index return is greater than or equal to the initial level, the payout at maturity will be the greater of par plus the return and the maximum settlement amount of $1,521 to $1,612.60 per $1,000 principal amount.
If the index falls by up to 20%, the payout will be par.
If the index falls by more than 20%, investors will lose 1.25% for each 1% that the index declines beyond 20%.
Morgan Stanley & Co. LLC is the agent.
The Cusip number is 61768DAM7.
© 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.