Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Morgan Stanley > News item |
Morgan Stanley to price buffered participation securities on S&P
By Wendy Van Sickle
Columbus, Ohio, Oct. 29 – Morgan Stanley Finance LLC plans to price 0% buffered participation securities due Nov. 29, 2024 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par plus any index gain.
Investors will receive par if the index falls by up to the buffer of at least 17% and will lose 1% for every 1% decline of the index beyond the buffer.
Morgan Stanley & Co. LLC is the agent.
The notes (Cusip: 61769HF34) will price Nov. 25.
© 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.