New Issue: Morgan Stanley prices $505,000 equity-linked notes tied to S&P 500

By Jennifer Chiou

New York, July 27 - Morgan Stanley priced $505,000 of 0% equity-linked notes due July 28, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the index return, subject to a minimum of 6% and a maximum of 65%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Equity-linked notes
Underlying index:	S&P 500
Amount:	$505,000
Maturity:	July 28, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus index return, subject to a minimum of 6% and a maximum of 65%
Initial level:	1,337.43
Pricing date:	July 25
Settlement date:	July 28
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	617482WK6

© 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.