By Susanna Moon
Chicago, March 7 - Morgan Stanley priced $5 million of 0% return optimization securities due March 11, 2019 linked to the FTSE MIB index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 5 times any gain in the index, up to a maximum return of 80%.
Investors will be exposed to any losses.
Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.
| Issuer: | Morgan Stanley
|
| Issue: | Return optimization securities
|
| Underlying index: | FTSE MIB
|
| Amount: | $5 million
|
| Maturity: | March 11, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 500% of any gain, capped at 80%; exposure to any losses
|
| Initial level: | 20,756.95
|
| Pricing date: | March 5
|
| Settlement date: | March 10
|
| Agent: | Morgan Stanley & Co. LLC with UBS Financial Services Inc. as dealer
|
| Fees: | 2.5%
|
| Cusip: | 61760S555
|
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