Published on 8/30/2011 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley sells $346,000 of notes tied to Dow Jones-UBS Commodity
By Marisa Wong
Madison, Wis., Aug. 30 - Morgan Stanley priced $346,000 of 0% commodity-linked notes due Aug. 31, 2017 linked to the Dow Jones-UBS Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return, subject to a minimum payment of $1,090 and a maximum payment of $1,600 per $1,000 of notes.
Morgan Stanley & Co. LLC will be the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Commodity-linked notes
|
| Underlying index: | Dow Jones-UBS Commodity index
|
| Amount: | $346,000
|
| Maturity: | Aug. 31, 2017
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus the index return, subject to a minimum payment of $1,090 and a maximum payment of $1,600 per $1,000 of notes
|
| Initial level: | 161.1418
|
| Pricing date: | Aug. 26
|
| Settlement date; | Aug. 31
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3.5%
|
| Cusip: | 617482VQ4
|
© 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.
