| 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 18- to 21-month buffered digital notes on Russell 2000
By Wendy Van Sickle
Columbus, Ohio, March 16 – Morgan Stanley plans to price 0% buffered digital notes linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature between 18 and 21 months after pricing.
If the index finishes at or above 90% of the initial level, the payout at maturity will be the maximum settlement amount of $1,097.80.30 to $1,115.00 per $1,000 principal amount.
If the index falls by more than 10%, investors will lose 1.1111% for each 1% decline beyond 10%.
Morgan Stanley & Co. LLC is the agent.
The Cusip number is 61768CGL5.
© 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.