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 6/19/2013 in the Prospect News Structured Products Daily.

Morgan Stanley plans two-year trigger PLUS linked to WisdomTree Japan

By Susanna Moon

Chicago, June 19 - Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due June 2015 linked to the WisdomTree Japan Hedged Equity fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus 150% of any fund gain, up to a maximum return of $12.40 to $12.60 per note. The exact cap will be set at pricing.

Investors will receive par if the shares fall by up to 30% and will be fully exposed to any losses if the fund falls below the 70% trigger level.

Morgan Stanley & Co. LLC is the agent.

The notes will price and settle in June.

The Cusip number is 61762E752.


© 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.