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Morgan Stanley plans leveraged buffered notes linked to index basket
By Marisa Wong
Morgantown, W.Va., Dec. 29 – Morgan Stanley Finance LLC plans to price 0% capped leveraged buffered notes with a term of 20 to 23 months linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Morgan Stanley.
The basket includes the Euro Stoxx 50 index with a 37% initial weight, the FTSE 100 index with a 23% initial weight, the Tokyo Stock Price index with a 23% initial weight, the Swiss Market index with a 9% initial weight and the S&P/ASX 200 index with an 8% initial weight.
The payout at maturity will be par plus 1.5 times any basket gain, subject to a maximum settlement amount of $1,324.15 to $1,381.15 per $1,000 of notes.
Investors will receive par if the basket declines by 12.5% or less and will lose 1.1429% for every 1% that it declines beyond 12.5%.
Morgan Stanley & Co. LLC is the agent.
The Cusip number is 61768CDD6.
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