New Issue: Morgan Stanley sells $5.3 million capped leverage notes tied to indexes

By Susanna Moon

Chicago, May 17 – Morgan Stanley Finance LLC priced $5.3 million of 0% capped leveraged notes due July 9, 2019 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of 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 triple any basket gain, up to a maximum settlement amount of $1,568.80 per $1,000 principal amount of notes.

Investors will be exposed to any losses.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Capped leveraged notes
Underlying indexes:	Euro Stoxx 50 (37% initial weight), FTSE 100 (23% initial weight), Tokyo Stock Price (23% initial weight), Swiss Market (9% initial weight) and S&P/ASX 200 (8% initial weight)
Amount:	$5,298,000
Maturity:	July 9, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any basket gain, capped at 56.88%; exposure to any losses
Initial levels:	3,623.55 for Stoxx, 7,386.63 for FTSE, 1,586.86 for Topix, 9,064.88 for Swiss Market and 5,878.337 for S&P/ASX
Pricing date:	May 11
Settlement date:	May 18
Underwriter:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61768CJF5

© 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.