By Wendy Van Sickle
Columbus, Ohio, Jan. 13 – Morgan Stanley Finance LLC priced $1.9 million of 0% autocallable index-linked notes due Dec. 30, 2022 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The notes will be called at par plus 9.3% a year if the index closes at or above its initial level on Jan. 5, 2022.
The payout at maturity will be par plus 18.6% if the index finishes at or above its initial level. Otherwise, investors will be exposed to the index decline.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Autocallable index-linked notes
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| Underlying index: | S&P 500 index
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| Amount: | $1.9 million
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| Maturity: | Dec. 30, 2022
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| Coupon: | 0%
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| Price: | Par of $1,000
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| Call: | At par plus 9.3% a year if index closes at or above initial level on Jan. 5, 2022
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| Payout at maturity: | Par plus 18.6% if index finishes at or above its initial level; exposure to any decline
|
| Initial level: | 3,735.36
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| Pricing date: | Dec. 28
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| Settlement date: | Jan. 5
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| Agent: | Morgan Stanley & Co. LLCC
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| Fees: | 2.13%
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| Cusip: | 61771EVM7
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