E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/19/2024 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $620,000 market-linked notes on Alphabet

Chicago, April 19 – Morgan Stanley Finance LLC priced $620,000 of 0% market-linked notes due Jan. 23, 2026 linked to the common stock of Alphabet Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock finishes positive, the payout at maturity will be par plus the return of the stock capped at par plus 17.25%.

Otherwise, investors will receive par.

The notes are non-callable.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Market-linked notes
Underlying stock:Alphabet Inc.
Amount:$620,000
Maturity:Jan. 23, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus return capped at par plus 17.25% if stock finishes positive; otherwise, par
Call:Non-callable
Initial level:$146.38
Pricing date:Jan. 19
Settlement date:Jan. 24
Agent:Morgan Stanley & Co. LLC
Fees:0%
Cusip:61771WNX2

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.