New York, Dec. 12 – Morgan Stanley Finance LLC priced $333,000 more of its 0% market-linked notes due Nov. 30, 2028 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are an add-on to the $3,357,000 of notes issued on Nov. 30 and bring the total size of the issue to $3.69 million.
If the index return is positive, the payout at maturity will be par plus the index return subject to a maximum return of par plus 60%. Otherwise, investors will receive par.
The notes are 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 add-on
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| Underlying index: | S&P 500 index
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| Amount: | $333,000
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| Previous issue: | $3,357,000 on Nov. 30
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| Maturity: | Nov. 30, 2028
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index return is positive, par plus index return subject to a maximum return of par plus 60%; minimum payout of par
|
| Initial level: | 4,550.43
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| Upside leverage: | 100%
|
| Cap: | 60%
|
| Pricing date: | Dec. 6
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| Settlement date: | Dec. 8
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3.25%
|
| Cusip: | 61775MQT6
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