Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Morgan Stanley Finance LLC > News item |
Morgan Stanley plans five-year trigger PLUS on Bloomberg Commodity
By Marisa Wong
Morgantown, W.Va., Feb. 14 – Morgan Stanley Finance LLC plans to price 0% trigger Performance Leveraged Upside Securities due Feb. 21, 2023 linked to the Bloomberg Commodity index, according to an FWP filing with the Securities and Exchange Commission.
The notes will be guaranteed by Morgan Stanley.
The payout at maturity will be par plus 155% of any index gain.
If the index falls by up to 25%, the payout will be par.
If the index finishes below its 75% trigger level, investors will lose 1% for each 1% decline.
Morgan Stanley & Co. LLC is the agent.
The notes will price on Feb. 15.
The Cusip number is 61766YCH2.
© 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.