Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for S&P 500 index > News item |
Morgan Stanley plans performance allocation notes on three indexes
By Marisa Wong
Madison, Wis., June 1 - Morgan Stanley plans to price 0% performance allocation securities linked to the S&P 500 index, the MSCI EAFE index and the MSCI Emerging Markets index, according to an FWP filing with the Securities and Exchange Commission.
The maturity date is expected to be between December 2016 and June 2017 and will be set at pricing.
The notes will price at 103.5.
The payout at maturity will be par of $10 plus the return of the best-performing index. The return could be positive or negative.
The notes (Cusip: 61760E374) are expected to price June 27 and settle June 30.
UBS Financial Services Inc. is the dealer, and Morgan Stanley & Co. Inc. is the agent.
© 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.