| 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 trigger PLUS linked to S&P 500, Russell 2000
By Susanna Moon
Chicago, Dec. 9 – Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due Dec. 23, 2020 linked to the worse performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If each index finishes at or above the initial level, the payout at maturity will be par of $10 plus 165% of the return of the worse performing index.
If each index finishes at or above the 65% trigger level, the payout will be par.
Otherwise, investors will be fully exposed to any losses of the worse performing index.
Morgan Stanley & Co. LLC is the agent.
The notes will price on Dec. 18 and will settle on Dec. 23.
The Cusip number is 61761JS26.
© 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.