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 to price enhanced trigger jump notes on S&P, Russell
By Marisa Wong
Morgantown, W.Va., Feb. 20 – Morgan Stanley Finance LLC plans to price 0% enhanced trigger jump securities due Feb. 28, 2023 linked to the least performing of the Russell 2000 index and the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If each index finishes at or above its 70% downside threshold, the payout at maturity will be par plus the greater of the return of the worse performing index and the upside payment of 25%.
Otherwise, investors will be fully exposed to any losses of the worse performing index.
Morgan Stanley & Co. LLC is the agent.
The notes will price on Feb. 23.
The Cusip number is 61768CZH3.
© 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.