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 2/6/2019 in the Prospect News Structured Products Daily.

Morgan Stanley plans enhanced trigger jump notes tied to S&P 500

By Sarah Lizee

Olympia, Wash., Feb. 6 – Morgan Stanley Finance LLC plans to price 0% enhanced trigger jump securities due May 13, 2020 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes at or above its 80.75% downside threshold, the payout at maturity will be par plus the upside return of 8%.

Otherwise, investors will be fully exposed to any losses.

The notes are guaranteed by Morgan Stanley.

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

The notes will price on Feb. 8.

The Cusip number is 61768DP58.


© 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.