Published on 7/28/2009 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $8.03 million 90% protected notes linked to Dow Jones - UBS Commodity index
By E. Janene Geiss
Philadelphia, July 28 - Morgan Stanley priced an $8.03 million issue of zero-coupon 90% capital-protected notes due July 31, 2013 linked to the Dow Jones - UBS Commodity index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return, subject to a maximum payout of $1,700 per note and a minimum payout of $900 per note.
Morgan Stanley & Co. Inc. is the agent.
Issuer: | Morgan Stanley
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Issue: | 90% capital-protected notes
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Underlying asset: | Dow Jones - UBS Commodity index
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Amount: | $8,034,000
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Maturity: | July 31, 2013
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus the index return, capped at $1,700 per note with floor of $900 per note
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Initial level: | 123.316
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Pricing date: | July 24
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Settlement date: | July 31
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Agent: | Morgan Stanley & Co. Inc.
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Fees: | 2.5%
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