New Issue: Morgan Stanley prices $1.99 million contingent income autocallables on three indexes

New York, Feb. 5 – Morgan Stanley Finance LLC priced $1.99 million of contingent income autocallable securities due Aug. 4, 2025 linked to the Russell 2000 index, the Dow Jones industrial average and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 6.75%, paid quarterly, if each underlying index closes at or above its 75% coupon barrier on the related quarterly observation date.

The securities will be called automatically at par if the closing level of each underlying index is greater than or equal to 97.5% of its initial level on any quarterly call determination date.

If the notes have not been called, the payout at maturity will be par unless any index closes below its 70% downside threshold on any trading day during the life of the notes and any index finishes below its initial level, in which case investors will lose 1% for every 1% that the worst performing index declines from its initial level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Contingent income autocallable securities
Underlying indexes:	Russell 2000 index, Dow Jones industrial average and Nasdaq-100 index
Amount:	$1,993,000
Maturity:	Aug. 4, 2025
Coupon:	6.75%, paid quarterly, if each underlying index closes at or above its 75% coupon barrier on the related quarterly observation date
Price:	Par
Payout at maturity:	Par unless any index closes below its downside threshold on any trading day during the life of the notes and any index finishes below its initial level, in which case investors will lose 1% for every 1% that the worst performing index declines from its initial level
Call:	Automatically at par if the closing level of each underlying index is greater than or equal to 97.5% of its initial level on any quarterly call determination date
Initial levels:	38,467.31 for Dow Jones industrial average, 17,476.71 for Nasdaq-100, 1,996.236 for Russell 2000
Downside thresholds:	26,927.117 for Dow Jones industrial average, 12,233.697 for Nasdaq-100, 1,397.365 for Russell 2000, 70% of initial levels
Coupon barriers:	28,850.483 for Dow Jones industrial average, 13,107.533 for Nasdaq-100, 1,497.177 for Russell 2000, 75% of initial levels
Call thresholds:	37,505.627 for Dow Jones industrial average, 17,039.792 for Nasdaq-100, 1,946.330 for Russell 2000, 97.5% of initial levels
Pricing date:	Jan. 30
Settlement date:	Feb. 2
Agent:	Morgan Stanley & Co. LLC
Fees:	1.875%
Cusip:	61771WUQ9

© 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.