By Wendy Van Sickle
Columbus, Ohio, March 5 – Morgan Stanley Finance LLC priced $3.38 million of 0% trigger Performance Leveraged Upside Securities due March 2, 2023 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The notes will pay par plus 300% of any gain, capped at par plus 42.98%.
If the index falls by up to 25%, the payout will be par.
Otherwise, investors will be fully exposed to the losses of the index.
Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management is the dealer.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Trigger Performance Leveraged Upside Securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $3,376,000
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| Maturity: | March 2, 2023
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 300% of any gain, capped at par plus 42.98%; par if final value falls by up to 25%; otherwise, full exposure to losses
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| Initial level: | 3,572.51
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| Trigger level: | 2,679.383, 75% of initial level
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| Pricing date: | Feb. 25
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| Settlement date: | Feb. 28
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| Agent: | Morgan Stanley & Co. LLC
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| Dealer: | Morgan Stanley Wealth Management
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| Fees: | 2.75%
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| Cusip: | 61770FMU7
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