| 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 buffered participation securities tied to S&P 500
By Sarah Lizee
Olympia, Wash., Aug. 6 – Morgan Stanley Finance LLC plans to price 0% buffered participation securities due Aug. 31, 2023 linked to the S&P 500 index, according to an FWP filed with the Securities and Exchange Commission.
The notes will be guaranteed by Morgan Stanley.
The payout at maturity will be par plus any index gain.
Investors will receive par if the index falls by up to 29% and will lose 1% for every 1% decline beyond the 29% buffer.
Morgan Stanley & Co. LLC is the agent.
The notes will price Aug. 28 and settle Aug. 31.
The Cusip number is 61768DAQ8.
© 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.