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 12/4/2012 in the Prospect News Structured Products Daily.

Morgan Stanley plans buffered jump securities due 2017 tied to the Dow

By Marisa Wong

Madison, Wis., Dec. 4 - Morgan Stanley plans to price 0% buffered jump securities due Dec. 27, 2017 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par plus the greater of the gain and an upside payment of $400 per $1,000 principal amount.

Investors will receive par if the index falls by up to 15% and will be exposed to losses beyond 15%.

Morgan Stanley & Co. LLC will be the agent.

The notes will price on Dec. 21 and settle on Dec. 27.

The Cusip number is 61761JAH2.


© 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.