Morgan Stanley will price return enhanced notes tied to S&P 500 index

By Devika Patel

Knoxville, Tenn., Feb. 24 – Morgan Stanley plans to price 0% return enhanced notes due March 15, 2017 linked to the S&P 500 index, according to an FWP with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus triple the index return, subject to a maximum return of 16.35%. Investors will be exposed to any losses.

Morgan Stanley & Co. LLC is the agent.

The notes (Cusip: 61761J2A6) will price Feb. 26 and settle March 2.

© 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.