E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/16/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $500,000 market-linked notes linked to Dow, S&P, Nasdaq

Chicago, Aug. 16 – Morgan Stanley Finance LLC priced $500,000 of 0% market-linked notes due April 24, 2025 linked to the worst performing of the Dow Jones industrial average, S&P 500 index and Nasdaq-100 index, 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 the return of that index subject to a maximum return of par plus 20%. Otherwise, investors will receive par.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Market-linked notes
Underlying indexes:Dow Jones industrial average, S&P 500 index and Nasdaq-100 index
Amount:$500,000
Maturity:April 24, 2025
Coupon:0%
Price:Par
Payout at maturity:If return of worst performing index is positive, par plus that index's return subject to a maximum return of par plus 20%; minimum payout of par
Initial levels:31,874.84 for Dow, 12,439.68 for Nasdaq, 3,959.90 for S&P
Upside leverage:100%
Cap:20%
Pricing date:July 20, 2022
Settlement date:July 25, 2022
Agent:Morgan Stanley & Co. LLC
Fees:0.5%
Cusip:61774DD38

© 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.