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Published on 6/1/2020 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $376,000 market-linked notes on MAP Trend index

By Sarah Lizee

Olympia, Wash., June 1 – Morgan Stanley Finance LLC priced $376,000 of 0% market-linked notes due May 29, 2026 linked to the Morgan Stanley MAP Trend index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The payout at maturity will be par plus 120% of any index gain.

If the index falls, the payout will be par.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Market-linked notes
Underlying index:Morgan Stanley MAP Trend index
Amount:$376,000
Maturity:May 29, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 120% of any index gain; floor of par
Initial level:229.81
Pricing date:May 26
Settlement date:May 29
Agent:Morgan Stanley & Co. LLC
Fees:4.25%
Cusip:61770FW28

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