Published on 3/29/2011 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $1.32 million equity-linked notes tied to S&P 500
By Toni Weeks
San Diego, March 29 - Morgan Stanley priced $1.32 million of 0% equity-linked notes due Sept. 29, 2017 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
If the index falls, the payout will be par.
Morgan Stanley & Co. Inc. is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Equity-linked notes
|
| Underlying index: | S&P 500 index
|
| Amount: | $1,317,000
|
| Maturity date: | Sept. 29, 2017
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain, floor of par
|
| Initial level: | 1,313.80
|
| Pricing date: | March 25
|
| Settlement date: | March 30
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 3.5%
|
| Cusip: | 617482RL0
|
© 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.
