| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers M > Headlines for Morgan Stanley Finance LLC > News item |
Morgan Stanley plans to price buffered jump securities linked to Euro Stoxx Banks
By Emma Trincal
New York, Aug. 16 – Morgan Stanley Finance LLC plans to price 0% buffered jump securities with autocallable feature linked to the Euro Stoxx Banks index due Aug. 28, 2028, according to an FWP filing with the Securities and Exchange Commission.
The notes will be called at par plus 20% if the index closes at or above its initial level on Aug. 29, 2024.
If the notes are not called, the payout at maturity will be par plus 225% of any index gain.
Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline beyond 20%.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
The notes will price on Aug. 23 and settle on Aug. 28.
The Cusip number is 61775HC70.
© 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.