Morgan Stanley plans market-linked notes tied to index, ETF basket

By Sarah Lizee

Olympia, Wash., June 10 – Morgan Stanley Finance LLC plans to price 0% market-linked notes due July 3, 2024 linked to an unequally-weighted basket of the S&P 500 index with a 50% weight, the Euro Stoxx 50 index with a 25% weight and the iShares MSCI Emerging Markets ETF with a 25% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par plus any basket gain, capped at par plus 65% to 70%. If the basket finishes flat or falls, the payout will be par.

Morgan Stanley & Co. LLC is the agent.

The notes will price on June 28.

The Cusip number is 61769HFQ3.

© 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.