Published on 8/5/2015 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $1.38 million participation notes on 10 stocks
By Susanna Moon
Chicago, Aug. 5 – Morgan Stanley priced $1.38 million of 0% participation securities due Aug. 17, 2016 linked to a basket of equally weighted stocks, according to an FWP filing with the Securities and Exchange Commission.
The underlying companies are Bank of America Corp., Citigroup Inc., Wells Fargo & Co., U.S. Bancorp, SVB Financial Group, First Republic Bank, KeyCorp, PNC Financial Services Group, Inc., Comerica Inc. and Regions Financial Corp.
The payout at maturity will be par plus 100.15% of the index return.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley
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| Issue: | Participation securities
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| Underlying stocks: | Bank of America Corp., Citigroup Inc., Wells Fargo & Co., U.S. Bancorp, SVB Financial Group, First Republic Bank, KeyCorp, PNC Financial Services Group, Inc., Comerica Inc. and Regions Financial Corp., equally weighted
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| Amount: | $1,379,000
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| Maturity: | Aug. 17, 2016
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 100.15% of index return
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| Pricing date: | July 31
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| Settlement date: | Aug. 5
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| Underwriter: | Morgan Stanley & Co. LLC
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| Fees: | 0.75%
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| Cusip: | 61761JE47
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