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Published on 7/19/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $478,000 of 5.2% fixed-rate callable notes

By William Gullotti

Buffalo, N.Y., July 19 – Morgan Stanley Finance LLC priced $478,000 of fixed-rate callable notes due July 12, 2030, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The 5.2% coupon is payable semiannually.

The notes will be callable annually at par starting on July 12, 2025.

The payout at maturity will be par.

Morgan Stanley & Co. LLC is the agent, with Morgan Stanley Wealth Management handling distribution.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Fixed-rate callable notes
Amount:$478,000
Maturity:July 12, 2030
Coupon:5.2% per year; payable semiannually
Price:Par
Payout at maturity:Par
Call option:Annually at par starting July 12, 2025
Pricing date:July 12
Settlement date:July 14
Agent:Morgan Stanley & Co. LLC
Distribution:Morgan Stanley Wealth Management
Fees:1%
Cusip:61766YPK1

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