| 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 six-year trigger PLUS with no cap linked to S&P
By Susanna Moon
Chicago, Dec. 16 – Morgan Stanley Finance LLC plans to price 0% Trigger Performance Leveraged Upside Securities due Jan. 4, 2023 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
If the index finishes above the initial level, the payout at maturity will be par plus 152% of the index gain.
If the index finishes at or above the 65% trigger level, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
The notes will price on Dec. 29 and settle on Jan. 4.
The Cusip number is 61766F599.
© 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.