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 12/4/2013 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $4.36 million market-linked notes on fund basket

By Susanna Moon

Chicago, Dec. 4 - Morgan Stanley priced $4.36 million of 0% market-linked notes due Aug. 30, 2019 linked to a basket of three equally weighted funds, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying funds are iShares MSCI EAFE ETF, iShares MSCI Emerging Markets ETF and WisdomTree Japan Hedged Equity fund.

The payout at maturity will be par plus any basket gain.

If the index falls, the payout will be par.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley
Issue:Market-linked notes
Underlying basket:iShares MSCI EAFE ETF, iShares MSCI Emerging Markets ETF and WisdomTree Japan Hedged Equity fund, equally weighted
Amount:$4,360,050
Maturity:Aug. 30, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, floor of par
Initial index level:$66.24 for EAFE fund, $42.35 for EM fund and $50.31 for WisdomTree fund
Pricing date:Nov. 29
Settlement date:Dec. 4
Agent:Morgan Stanley & Co. LLC
Fees:3%
Cusip:61762W505

© 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.