By William Gullotti
Buffalo, N.Y., Dec. 17 – Morgan Stanley Finance LLC priced $1.64 million of 0% jump securities with autocallable feature due Dec. 15, 2026 linked to the performance of the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Morgan Stanley.
The notes will be called at par plus an annualized call premium of 8.5% if the index closes at or above its initial level on any annual observation date.
At maturity, if the index finishes at or above its initial level, the payout will be par plus 42.5%.
Otherwise, investors will be fully exposed to decline.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Jump securities with autocallable feature
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $1,635,000
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| Maturity: | Dec. 15, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index finishes at or above initial level, par plus 42.5%; otherwise, lose 1% for every 1% decline from initial level
|
| Call: | At par plus an annualized call premium of 8.5% if the index closes at or above initial level on any annual observation date
|
| Initial level: | 4,199.16
|
| Pricing date: | Dec. 10
|
| Settlement date: | Dec. 15
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3.5%
|
| Cusip: | 61773HTK5
|
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