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Morgan Stanley plans capped leveraged notes linked to index basket
By Sarah Lizee
Olympia, Wash., Sept. 26 – Morgan Stanley Finance LLC plans to price 0% 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 tenor of the notes is expected to be 18 to 21 months and will be set at pricing.
The basket consists of the Euro Stoxx 50 index with a 36% weight, the Tokyo Stock Price index with a 27% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
If the basket return is positive, the payout at maturity will be par plus 400% of the basket return, subject to a maximum settlement amount of $1,282.80 to $1,331.60 for each $1,000 principal amount of notes.
Investors will be exposed to any losses.
Morgan Stanley & Co. LLC is the agent.
The Cusip number is 61768DFF7.
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