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 9/1/2017 in the Prospect News Structured Products Daily.

Morgan Stanley intends to price PLUS due 2019 linked to S&P 500 index

By Devika Patel

Knoxville, Tenn., Sept. 1 – Morgan Stanley Finance LLC plans to price 0% Performance Leveraged Upside Securities due Jan. 3, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum payout of 11.25%.

Investors will lose 1% for each 1% decline of the index from its initial level.

Morgan Stanley & Co. LLC is the agent, with Morgan Stanley Wealth Management handling distribution.

The notes (Cusip: 61766X780) will price on Sept. 15 and settle on Sept. 20.


© 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.