MS 8% Xilinx Sparqs (AMEX:XLS)
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American Stock Exchange Lists Morgan Stanley 8% Stock SPARQS
Linked to Xilinx, Inc.
NEW YORK, Feb. 22 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today began trading Morgan Stanley's 8% Stock Participation Accreting
Redemption Quarterly-pay Securities ("SPARQS") mandatorily exchangeable for
common shares of Xilinx, Inc. Trading under the ticker symbol XLS, the 1.5
million shares of the new securities were issued at $7.27 with a maturity date
of March 1, 2006.
The notes are issued by Morgan Stanley. The Amex specialist unit is Wolverine
Trading, LLP.
If you would like to receive a copy of the prospectus for XLS, please contact
the Capital Markets Group at the American Stock Exchange at 212-306-1659.
The American Stock Exchange(R) (Amex(R)) is the only primary exchange that
offers trading across a full range of equities, options and exchange traded
funds (ETFs), including structured products and HOLDRS(SM). In addition to its
role as a national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in 1993. Leading
the industry in ETF listings, the Amex lists 145 ETFs to date. The Amex is also
one of the largest options exchanges in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign stocks.
DATASOURCE: American Stock Exchange
CONTACT: Mary Chung, American Stock Exchange, +1-212-306-1641,
Web site: http://www.amex.com/