Please find attached the next offering of the
Morgan Stanley
+13% Autocallable Notes
This Global Index Autocallable is
structured to take advantage of the relatively low level of indices
across the globe. This product offers clients global diversification across
3 major indices & at the same time protects against further market
volatility.
Summary of Terms:
• Issuer: Morgan
Stanley, S&P A
• Currency: Euro, USD
and GBP
• Subscription
period: 8 weeks, closing 11th November
2009
• Underlyings:
FTSE100 (UK),
S&P500 (US), HSCE
(CHINA)
Payoff:
• Annual autocall
• If on any anniversary all the
indices are level or above the initial strike levels, the product will call
early and pay an annual coupon of +13% for each year the
product has been active
• i.e. if the product calls at the end
of year 3, then the return will be : 100% + (3 x 13%) =
+139%
Conditional
capital protection:
• If
the product runs to maturity & no index is more than -50% of the initial
level, 100% capital is returned
CLICK HERE FOR DETAILS
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