Morgan Stanley to price enhanced trigger jump notes due 2019 on S&P

By Sarah Lizee

Olympia, Wash., Aug. 15 – Morgan Stanley Finance LLC plans to price 0% enhanced trigger jump securities due Nov. 20, 2019 linked to the S&P 500 index, according to an FWP filed with the Securities and Exchange Commission.

If the index finishes at or above its 85% threshold, the payout at maturity will be par plus the upside return of 8.03%.

Otherwise, investors will be fully exposed to any losses.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.

The notes will price on Aug. 17 and settle on Aug. 22.

The Cusip number is 61768DCG8.

© 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.