Published on 8/3/2015 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $2.08 million express performance notes tied to Euro Stoxx 50
By Susanna Moon
Chicago, Aug. 3 – Morgan Stanley priced $2.08 million of 0% express performance securities due July 31, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus the express index return, with exposure to any losses.
The express starting level is 72.85% of the initial level.
Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.
Issuer: | Morgan Stanley
|
Issue: | Express performance securities
|
Underlying index: | Euro Stoxx 50
|
Amount: | $2,079,550
|
Maturity: | July 31, 2025
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus express index return
|
Initial level: | 3,575.53
|
Express starting level: | 72.85% of initial level
|
Pricing date: | July 29
|
Settlement date: | July 31
|
Agent: | Morgan Stanley & Co. LLC
|
Dealer: | UBS Financial Services Inc.
|
Fees: | 5%
|
Cusip: | 61765G606
|
|
|
© 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.