Morgan Stanley plans accelerated return notes due 2020 tied to Stoxx

By Wendy Van Sickle

Columbus, Ohio, July 8 – Morgan Stanley Finance LLC plans to price 0% accelerated return securities due Feb. 3, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par plus 146.2% of any gain in the index.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% trigger level.

Morgan Stanley & Co. LLC is the agent.

The notes will price on July 26 and settle on July 29.

The Cusip number is 61766BBK6.

© 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.