Published on 2/27/2012 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $345,000 seven-year notes linked to Dow
By Angela McDaniels
Tacoma, Wash., Feb. 27 - Morgan Stanley priced $345,000 of 0% market-linked notes due Feb. 28, 2019 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return, subject to a minimum return of 12%.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley
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Issue: | Market-linked notes
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Underlying index: | Dow Jones industrial average
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Amount: | $345,000
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Maturity: | Feb. 28, 2019
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus greater of index return and 12%
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Initial index level: | 12,984.69
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Pricing date: | Feb. 23
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Settlement date: | Feb. 28
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 3.5%
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Cusip: | 617482F90
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