Morgan Stanley plans accelerated return securities on MSCI EM index

By Sarah Lizee

Olympia, Wash., Dec. 10 – Morgan Stanley Finance LLC plans to price 0% accelerated return securities due Dec. 19, 2023 linked to the MSCI Emerging Markets index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

If the index return is positive, the payout at maturity will be par plus at least 121% of the index return. If the index return is negative but the final index level is greater than or equal to the buffer level, 80% of the initial level, the payout will be par. Investors will be exposed to any losses beyond the 20% buffer.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Dec. 14 and settle on Dec. 19.

The Cusip number is 61768DTQ8.

© 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.