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 12/30/2011 in the Prospect News Structured Products Daily.

Morgan Stanley plans notes tied to gold price with 50% cap, 10% floor

By Susanna Moon

Chicago, Dec. 30 - Morgan Stanley plans to price 0% commodity-linked notes due Jan. 30, 2017 linked to the price of gold, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the gold price return, with a minimum return of 10% and a maximum return of 50%.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Jan. 25 and settle on Jan. 30.

The Cusip number is 617482L69.


© 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.