New Issue: Morgan Stanley prices $565,000 enhanced trigger jump notes tied to index, two funds

By Susanna Moon

Chicago, Oct. 30 – Morgan Stanley Finance LLC priced $565,000 of 0% enhanced trigger jump securities due Nov. 13, 2019 linked to the worst performing of the Euro Stoxx Banks index, the Market Vectors Gold Miners ETF and the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If underlying asset never closes below its 60% downside threshold during the life of the notes, the payout at maturity will be par plus 10%.

Otherwise, investors will receive par plus the return of the worst performing index or fund.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced trigger jump securities
Underlying assets:	Euro Stoxx Banks index, Market Vectors Gold Miners ETF and iShares MSCI Emerging Markets ETF
Amount:	$565,000
Maturity:	Nov. 13, 2019
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If each asset never dips below 60% threshold, par plus 10%; otherwise, 1% loss per 1% decline of worst performing index or fund
Initial levels:	102.33 for Stoxx Banks, $19.91 for gold fund and $40.36 for EM fund
Trigger levels:	61.398 for Stoxx Banks, $11.946 for gold fund and $24.216 for EM fund, 60% of initial levels
Pricing date:	Oct. 17
Settlement date:	Oct. 22
Underwriter:	Morgan Stanley & Co. LLC
Fees:	1.05%
Cusip:	61768DHZ1

© 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.