American Stock Exchange Lists SPARQS Linked to Nokia Corporation
25 9월 2004 - 2:22AM
PR Newswire (US)
American Stock Exchange Lists SPARQS Linked to Nokia Corporation
NEW YORK, Sept. 24 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today began trading Morgan Stanley 7% Stock Participation
Accreting Redemption Quarterly-pay Securities ("SPARQS")
mandatorily exchangeable for ADRs representing ordinary shares of
Nokia Corporation. Trading under the ticker symbol NKS, the new
securities were issued at $13.84 with a maturity date of November
1, 2005. At maturity, holders will receive one Nokia Corporation
ADR in exchange for each SPARQS, subject to the issuer's right to
call the SPARQS for the cash call price. The issuer is Morgan
Stanley and the Amex specialist unit for the new listing is
Wolverine Trading LLP. If you would like to receive a copy of the
prospectus for NKS, 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 139 ETFs. 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. For more
information, please visit http://www.amex.com/. DATASOURCE: The
American Stock Exchange CONTACT: Media, Lynn Duffy of American
Stock Exchange, +1-212-306-1654, Web site: http://www.amex.com/
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