E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/22/2014 in the Prospect News Structured Products Daily.

Morgan Stanley plans three-year autocallables linked to Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 22 - Morgan Stanley plans to price autocallable securities due February 2017 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

If the index closes at or above the initial price on any of the first two annual determination dates, the notes will be redeemed at par of $10 plus an annualized call premium of 10.5%.

If the index finishes above its initial level, the payout at maturity will be par plus the greater of $13.15 and the index return.

Otherwise, investors will be exposed to any losses.

Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management will handle distribution.

The notes will price in January and settle in February.

The Cusip number is 61760S191.


© 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.