E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/7/2019 in the Prospect News Structured Products Daily.

Morgan Stanley plans to price PLUS due 2025 linked to Russell 2000

By Sarah Lizee

Olympia, Wash., Jan. 7 – Morgan Stanley Finance LLC plans to price 0% Performance Leveraged Upside Securities due Jan. 13, 2025 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The payout at maturity will be par plus 165% of any gain in the index.

Investors will lose 1% for each 1% decline of the index from its initial level.

Morgan Stanley & Co. LLC is the agent.

The notes (Cusip: 61768DWZ4) will price on Jan. 13.


© 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.