Published on 8/25/2009 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley sells $5.91 million 95% protected notes tied to Dow Jones - UBS Commodity
By Angela McDaniels
Tacoma, Wash., Aug. 25 - Morgan Stanley priced $5.91 million of zero-coupon 95% capital-protected notes due Aug. 30, 2013 linked to the Dow Jones - UBS Commodity index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return, subject to a maximum gain of 60% and a maximum loss of 5%.
Morgan Stanley & Co. Inc. is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | 95% capital-protected notes
|
| Underlying index: | Dow Jones - UBS Commodity index
|
| Amount: | $5,909,000
|
| Maturity: | Aug. 30, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus the index return, subject to floor of $950 and cap of $1,600 per note
|
| Initial index level: | 128.751
|
| Pricing date: | Aug. 24
|
| Settlement date: | Aug. 31
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 2.5%
|
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