E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/19/2017 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $2.8 million market-linked notes tied to indexes

By Susanna Moon

Chicago, June 19 – Morgan Stanley Finance LLC priced $2.8 million of 0% market-linked notes due Dec. 5, 2023 linked to a basket consisting of the S&P 500 index, the Euro Stoxx 50 index and the Russell 2000 index, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par of $10 plus any basket gain, up to a maximum payment of $17.00 per note.

If the basket falls, the payout will be par.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Market-linked notes
Underlying index:S&P 500, Euro Stoxx 50, Russell 2000, equally weighted
Amount:$2,799,930
Maturity:Dec. 5, 2023
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus any basket gain, capped at 70%, floor of par
Initial levels:2,411.80 for S&P, 1,370.208 for Russell, 3,554.59 for Stoxx
Pricing date:May 31
Settlement date:June 5
Agent:Morgan Stanley & Co. LLC
Fees:3%
Cusip:61766W352

© 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.