Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for WTI crude oil futures contracts > News item |
Morgan Stanley plans PLUS due 2018 linked to basket of six commodities
By Susanna Moon
Chicago, Oct. 23 – Morgan Stanley plans to price 0% Performance Leveraged Upside Securities due October 2018 linked to a basket of six commodities, according to an FWP filing with the Securities and Exchange Commission.
The underlying components are WTI crude oil futures contracts with a 27.5% weight, RBOB gasoline futures contract with a 27.5% weight, copper with a 12.5% weight, platinum with a 10% weight, soybean futures contract with a 16.9% weight and cocoa futures contract with a 5.6% weight.
The payout at maturity will be par plus 112% times any basket gain.
Investors will be fully exposed to losses.
Morgan Stanley & Co. LLC is the agent.
The notes are expected to price and settle in October.
The Cusip number is 61762GCH5.
© 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.