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 6/10/2019 in the Prospect News Green Finance Daily and Prospect News Structured Products Daily.

Morgan Stanley to price buffered PLUS on women’s leadership index

By Sarah Lizee

Olympia, Wash., June 10 – Morgan Stanley Finance LLC plans to price 0% buffered Performance Leveraged Upside Securities due Jan. 4, 2022 linked to the MSCI USA Women’s Leadership index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The index is a price-return index with the goal of tracking the price performance of those companies that exhibit a commitment toward gender diversity among their boards of directors and other leadership positions.

If the index return is positive, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum return of 18%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

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

The notes will price on June 28.

The Cusip number is 61768Y604.


© 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.