New Issue: Morgan Stanley prices $1.39 million Buffered PLUS linked to Russell

New York, June 4 - Morgan Stanley priced $1.39 million of 0% Buffered Performance Leveraged Upside Securities due June 4, 2015 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 300% of the index return, subject to a maximum payout of par plus 21%. Investors will receive par if the index falls by up to 13% and will lose % for every 1% decline in the index beyond 13%.

Morgan Stanley & Co. LLC is the underwriter.

Issuer:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Russell 2000
Amount:	$1,386,000
Maturity:	June 4, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to maximum payout of par plus 21%; par if index falls by up to 13%; % loss for every 1% decline beyond 13%
Initial index level:	984.14
Pricing date:	May 31
Settlement date:	June 5
Underwriters:	Morgan Stanley & Co. LLC
Fees:	0.25%
Cusip:	61761JHL6

© 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.