Published on 6/28/2012 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $439,000 market-linked notes tied to S&P 500
By Jennifer Chiou
New York, June 28 - Morgan Stanley priced $439,000 of 0% market-linked notes due June 29, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 105% of the index return, subject to a minimum payout of par.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley
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Issue: | Market-linked notes
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Underlying index: | S&P 500
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Amount: | $439,000
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Maturity: | June 29, 2017
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 105% of index return, subject to minimum payout of par
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Initial index level: | 1,319.99
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Pricing date: | June 26
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Settlement date: | June 29
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 3.5%
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Cusip: | 617482R97
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