American Stock Exchange Lists SPARQS Exchangeable For Jetblue Airways
24 Mai 2004 - 7:28PM
PR Newswire (US)
American Stock Exchange Lists SPARQS Exchangeable For Jetblue
Airways NEW YORK, May 24 /PRNewswire/ -- The American Stock
Exchange(R) (Amex(R)) today began trading Morgan Stanley 10% Stock
Participation Accreting Redemption Quarterly-pay Securities
("SPARQS") mandatorily exchangeable for shares of common stock of
Jetblue Airways. Trading under the ticker symbol JTM, the 1.35
million shares of the new securities were issued at $14.15 with a
maturity date of June 15, 2005. At maturity, holders will receive
one half of one share of Jetblue Airways common stock 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 AIM Securities. If you would
like to receive a copy of the prospectus for JTM, 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 138
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: Mary Chung of American Stock Exchange, +1-212-306-1641,
Web site: http://www.amex.com/
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