Published on 6/27/2013 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $161,000 market-linked notes on the Dow
By Toni Weeks
San Luis Obispo, Calif., June 27 - Morgan Stanley priced $161,000 of 0% market-linked notes due June 28, 2021 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 127% of any index gain.
If the index falls, the payout will be par.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley
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Issue: | Market-linked notes
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Underlying index: | Dow Jones industrial average
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Amount: | $161,000
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Maturity: | June 28, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 127% of any index gain, floor of par
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Initial index level: | 14,760.31
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Pricing date: | June 25
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Settlement date: | June 28
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 3.5%
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Cusip: | 61761JHJ1
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