By Wendy Van Sickle
Columbus, Ohio, Jan. 9 – Morgan Stanley Finance LLC priced $5.42 million of 0% market-linked notes due Jan. 5, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain up to 43.1%.
If the index falls, the payout will be par.
The notes will be guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Market-linked notes
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Underlying index: | S&P 500 index
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Amount: | $5,420,690
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Maturity: | Jan. 5, 2027
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain up to 43.1%, floor of par
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Initial level: | 3,221.29
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Pricing date: | Dec. 30
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Settlement date: | Jan. 3
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 3.5%
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Cusip: | 61770E232
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