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 5/17/2016 in the Prospect News Structured Products Daily.

Morgan Stanley plans buffered PLUS with cap linked to Euro Stoxx

By Susanna Moon

Chicago, May 17 – Morgan Stanley plans to price 0% buffered Performance Leveraged Upside Securities due Dec. 5, 2018 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum return of 32.85%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

Morgan Stanley & Co. LLC is the agent.

The notes will price on May 31 settle on June 3.

The Cusip number is 61766A376.


© 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.