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 11/7/2012 in the Prospect News Structured Products Daily.

Morgan Stanley plans to price PLUS linked to S&P 500 index

By Toni Weeks

San Diego, Nov. 7 - Morgan Stanley plans to price 0% Performance Leveraged Upside Securities due December 2013 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 300% of any gain in the index.

Investors will be fully exposed to losses if the index declines.

The notes (Cusip: 61761H202) are expected to price in November and settle in December.

Morgan Stanley & Co. LLC 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.