By Marisa Wong
Morgantown, W.Va., May 19 – Morgan Stanley Finance LLC priced $4.29 million of 0% buffered Performance Leveraged Upside Securities due Dec. 4, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index return is positive, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum payout of $14.00 per PLUS. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
|
Guarantor: | Morgan Stanley
|
Issue: | Buffered Performance Leveraged Upside Securities
|
Underlying index: | Euro Stoxx 50
|
Amount: | $4,292,330
|
Maturity: | Dec. 4, 2019
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | Par plus 200% of any index gain, capped at $14.00 per PLUS; par if the index declines by 10% or less; 1% loss for every 1% decline beyond 10%
|
Initial level: | 3,637.52
|
Pricing date: | May 12
|
Settlement date: | May 17
|
Agent: | Morgan Stanley & Co. LLC
|
Fees: | 3%
|
Cusip: | 61766W360
|
|
© 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.