| 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 10-year buffered PLUS linked to S&P 500
By Marisa Wong
Madison, Wis., Sept. 4 – Morgan Stanley plans to price 0% buffered Performance Leveraged Upside Securities due Sept. 30, 2024 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 150% of any index gain.
Investors will receive par if the index falls by up to 50% and will lose 2% for every 1% decline beyond 50%.
Morgan Stanley & Co. LLC is the agent.
The notes will price on Sept. 25 and settle on Sept. 30.
The Cusip number is 61761JSW0.
© 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.