Published on 2/4/2014 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $4.74 million PLUS on WisdomTree Japan
By Marisa Wong
Madison, Wis., Feb. 4 - Morgan Stanley priced $4.74 million of 0% Performance Leveraged Upside Securities due Feb. 27, 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 plus 300% of any fund gain, up to a maximum return of 15%.
Investors will be exposed to any losses.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying fund: | WisdomTree Japan Hedged Equity fund
|
| Amount: | $4,735,660
|
| Maturity: | Feb. 27, 2015
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 300% of any fund gain, capped at 15%; exposure to any losses
|
| Initial price: | $46.61
|
| Pricing date: | Jan. 31
|
| Settlement date: | Feb. 5
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2%
|
| Cusip: | 61760S217
|
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