| 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 dual directional trigger PLUS linked to Russell
By Susanna Moon
Chicago, Feb. 6 – Morgan Stanley Finance LLC plans to price 0% dual directional trigger Performance Leveraged Upside Securities due March 4, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Morgan Stanley.
If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus 200% of the gain up to a maximum of $13.185 per $10.00 PLUS.
If the index falls by no more than 20%, the payout will be par plus the absolute value of the return.
If the index finishes below its 80% trigger level, investors will be fully exposed to any losses.
Morgan Stanley & Co. LLC is the agent.
The notes will price on Feb. 15 and settle on Feb. 21.
The Cusip number is 61766V305.
© 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.