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Morgan Stanley plans to price trigger PLUS due 2025 linked to S&P 500
By Angela McDaniels
Tacoma, Wash., Aug. 4 – Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due Aug. 29, 2025 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 170% of the index return. Investors will receive par if the index declines by less than 50% and will be fully exposed to the index’s decline from its initial level if it falls by 50% or more.
Morgan Stanley & Co. LLC is the agent.
The notes will price Aug. 26 and settle Aug. 31.
The Cusip number is 61761JE88.
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