Morgan Stanley plans two-year trigger PLUS linked to Russell, S&P 500

By Susanna Moon

Chicago, Feb. 5 – Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due March 1, 2018 linked to a basket consisting of the Russell 2000 index and the S&P 500 index, equally weighted, according to an FWP filing with the Securities and Exchange Commission.

If the basket finishes above the initial level, the payout at maturity will be par plus 115% of the gain.

If the basket falls by up to the 90% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Feb. 26 and settle on March 2.

The Cusip number is 61765U878.

© 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.