The American Stock Exchange(R) (Amex(R)) has begun trading Morgan Stanley Performance Leveraged Upside Securities (“PLUS”) based upon the performance of a Basket of Pharmaceutical Companies.
Priced at $5 with an initial offer size of 1.3 million shares, this stock trades under the ticker symbol DRP and has a maturation date of June 30, 2006, according to the ASE.
The notes are issued by Morgan Stanley. The Amex specialist unit is AIM Securities.