| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for Russell 2000 index > News item |
Morgan Stanley plans four-year trigger jump notes on indexes, funds
By Marisa Wong
Madison, Wis., Nov. 15 - Morgan Stanley plans to price 0% enhanced trigger jump securities due November 2016 linked to the S&P 500 index with a 40% weight, the Russell 2000 index with a 20% weight, the iShares MSCI EAFE index fund with a 20% weight, the iShares MSCI Emerging Markets index fund with a 10% weight and the iShares FTSE China 25 index fund with a 10% weight, according to an FWP filing with the Securities and Exchange Commission.
If the basket finishes above 70% of the initial level, the payout at maturity will be par plus the greater of the basket return and the fixed percentage of 20.5% to 22.5%.
If the basket falls to or below the 70% downside threshold level, investors will be fully exposed to losses.
The exact terms will be set at pricing.
The notes (Cusip: 61761H756) are expected to price and settle in November.
Morgan Stanley & Co. LLC is the agent.
© 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.