By Marisa Wong
Morgantown, W.Va., April 29 – Morgan Stanley Finance LLC priced $1.28 million of 0% buffered Performance Leveraged Upside Securities due May 5, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index finishes above its initial level, the payout at maturity will be par plus 200% of the gain.
If the index falls by up to 15%, the payout will be par.
Otherwise, investors will lose 1% for every 1% index decline beyond the 15% buffer.
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: | $1,282,950
|
Maturity: | May 5, 2021
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If index gains, par plus 200% of gain; par if index falls by up to 15%; otherwise, 1% loss per 1% decline beyond 15%
|
Initial level: | 3,447.83
|
Pricing date: | April 12
|
Settlement date: | April 17
|
Agent: | Morgan Stanley & Co. LLC
|
Fees: | 2.5%
|
Cusip: | 61768X747
|
|
© 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.