Correction: Morgan Stanley plans leveraged buffered notes linked to MSCI EAFE via Morgan Stanley

The June 18 edition of the Prospect News Structured Products Daily misstated the agents for Morgan Stanley’s leveraged buffered notes linked to the MSCI EAFE index. A corrected version of the story follows:

By Susanna Moon

Chicago, June 18 – Morgan Stanley plans to price 0% leveraged buffered notes linked to the MSCI EAFE index, according to an FWP filing with the Securities and Exchange Commission.

The notes will mature between 20 and 23 months after pricing, or in February 2017 to May 2017, with the exact deal terms to be set at pricing.

The payout at maturity will be par plus 140% of any gain, up to a maximum return of 19.32% to 22.68%.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

Morgan Stanley & Co. LLC is the agent.

The notes will price and settle in June.

The Cusip number is 61761JZS1.

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