Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Morgan Stanley plans trigger PLUS due 2017 linked to Euro Stoxx 50
By Jennifer Chiou
New York, Aug. 14 - Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due May 2017 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.
The payout at maturity will be par plus 150% of any index gain.
Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index falls below the 75% trigger level.
The notes (Cusip: 61762P591) are expected to price and settle in August.
Morgan Stanley & Co. LLC is the agent.
© 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.