Morgan Stanley has listed its 9% Stock Participation Accreting Redemption Quarterly-pay Securities ("SPARQS") which are mandatorily exchangeable for common shares of Valero Energy Corp. Trading under the ticker symbol SVE, the new securities were issued at $29.345 with an initial offering of 1,363,095 shares and a maturity date of June 20, 2007. The Amex specialist unit for the notes is Wolverine Trading.
Morgan Stanley has also issued its PLUS product - linked to the Nikkei 225 Index. Price
The week on Risk.net, July 7-13, 2018Receive this by email