| 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 leveraged buffered notes due 2017 on S&P 500
By Susanna Moon
Chicago, Feb. 5 – Morgan Stanley plans to price 0% 16- to 19-month leveraged buffered notes linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.4 times any index gain, up to a maximum settlement amount of $1,179.20 to $1,210.00 per $1,000 principal amount of notes.
Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for every 1% decline beyond 12.5%.
The exact maturity date and maximum settlement amount will be set at pricing.
Morgan Stanley & Co. LLC is the agent.
The notes will price and settle in February.
The Cusip number is 61761JV71.
© 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.