Published on 12/6/2021 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $2.28 million Buffered PLUS linked to Nasdaq, Russell, Dow
New York, Dec. 6 – Morgan Stanley Finance LLC priced $2.28 million of 0% Buffered Performance Leveraged Upside Securities due Nov. 3, 2026 linked to the Nasdaq-100 index, Russell 2000 index and Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.
If the return of the worst performing index is positive, the payout at maturity will be par plus 142.62% of the return of that index. Investors will receive par if the worst performing index declines by 20% or less and will lose 1% for every 1% that the worst performing index declines beyond 20%.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying indexes: | Nasdaq-100 index, Russell 2000 index and Dow Jones Industrial Average
|
| Amount: | $2.28 million
|
| Maturity: | Nov. 3, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If return of worst performing index is positive, par plus 142.62% of that index's return; par if worst performing index declines by 20% or less; 1% loss for every 1% that worst performing index declines beyond 20%
|
| Initial level: | 35,819.56 for Dow Jones Industrial Average, 15,850.47 for Nasdaq-100 index, 2,297.191 for Russell 2000 index
|
| Buffer level: | 28,655.648 for Dow Jones Industrial Average, 12,680.376 for Nasdaq-100 index, 1,837.753 for Russell 2000 index, 80% of initial level
|
| Upside leverage: | 142.62%
|
| Cap: | None
|
| Pricing date: | Oct. 29
|
| Settlement date: | Nov. 3
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 0.5%
|
| Cusip: | 61773F5P4
|
|
|
|
|
© 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.
