Morgan Stanley plans PLUS due 2019 tied to Financial Select SPDR

By Susanna Moon

Chicago, April 6 – Morgan Stanley Finance LLC plans to price 0% Performance Leveraged Upside Securities due Aug. 5, 2019 linked to the Financial Select Sector SPDR Fund, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, up to a maximum payment of $11.83 per $10.00 PLUS.

Investors will be exposed to any losses.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

The notes will price on April 13.

The Cusip number is 61768P645.

© 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.