E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/16/2020 in the Prospect News Structured Products Daily.

Morgan Stanley intends to price PLUS due 2021 tied to Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., July 16 – Morgan Stanley Finance LLC plans to price 0% Performance Leveraged Upside Securities due Nov. 3, 2021 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 300% of the index return, capped at par plus 17%.

If the final index level is less than the initial index level, investors will be exposed to the decline.

The notes will be guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management is the dealer.

The notes will price July 17.

The Cusip number is 61771C490.


© 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.