Morgan Stanley plans capped leveraged notes linked to index basket

By Wendy Van Sickle

Columbus, Ohio, July 26 – Morgan Stanley Finance LLC plans to price 25- to 28-month capped leveraged notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus three times any basket gain, up to a maximum settlement amount of between $1,409.50 and $1,481.50 per $1,000 principal amount. The exact cap will be set at pricing.

Investors will be fully exposed to any decline in the basket.

Morgan Stanley & Co. LLC is the agent.

The notes will price and settle in August.

The Cusip number is 61766BBQ3.

© 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.