Published on 10/6/2015 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $2.24 million market-linked notes on index basket
By Marisa Wong
Morgantown, W.Va., Oct. 6 – Morgan Stanley priced $2.24 million of 0% market-linked notes due April 4, 2023 linked to an equally weighted basket comprised of the S&P 500 index, Euro Stoxx 50 index and Topix index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any basket gain.
If the basket falls, the payout will be par.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Market-linked notes
|
| Underlying indexes: | S&P 500 index, Euro Stoxx 50 index and Topix index
|
| Amount: | $2,237,640
|
| Maturity: | April 4, 2023
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus any basket gain; if basket falls, par
|
| Initial levels: | 1,920.03 for S&P, 3,100.67 for Euro Stoxx, 1,411.16 for Topix
|
| Pricing date: | Sept. 30
|
| Settlement date: | Oct. 5
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3.5%
|
| Cusip: | 61765R438
|
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