Morgan Stanley to price enhanced trigger jump notes on Amazon, Netflix

By Marisa Wong

Morgantown, W.Va., May 7 – Morgan Stanley Finance LLC plans to price 0% enhanced trigger jump securities due May 13, 2020 linked to the least performing of the common stocks of Amazon.com, Inc. and Netflix, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If each stock finishes at or above its 75% downside threshold, the payout at maturity will be par plus the upside payment of 41.35%.

Otherwise, investors will be fully exposed to any losses of the worse performing stock.

Morgan Stanley & Co. LLC is the agent.

The notes will price on May 8.

The Cusip number is 61768Q353.

© 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.