Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Morgan Stanley > News item |
Morgan Stanley plans buffered return optimization notes on S&P 500
By Susanna Moon
Chicago, Nov. 7 - Morgan Stanley plans to price 0% buffered return optimization securities due Nov. 28, 2014 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 of $10.00 plus double any gain in the index, up to a maximum return of 17% to 21%.
Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.
Morgan Stanley & Co. LLC and UBS Financial Services Inc. are the agents.
The notes will price on Nov. 27 and settle on Nov. 30.
The Cusip number is 61755S867.
© 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.