By William Gullotti
Buffalo, N.Y., Sept. 8 – Morgan Stanley Finance LLC priced $3.3 million of 0% buffered Performance Leveraged Upside Securities due Sept. 2, 2027 linked to an unequally weighted index basket, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Dow Jones industrial average (75% weight) and the Euro Stoxx 50 index (25% weight).
If the return of basket is greater than or equal to its initial value, the payout will be par plus 112% of the basket return.
If the basket falls by up to 20%, the payout will be par.
If the basket falls by more than 20%, investors will lose 1% for every 1% decline of the basket beyond the 20% buffer.
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 basket: | Dow Jones industrial average (75% weight), Euro Stoxx 50 index (25% weight)
|
| Amount: | $3,300,000
|
| Maturity: | Sept. 2, 2027
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If the return of basket is greater than or equal initial value, par plus 112% of basket return; if the basket falls by up to buffer, par; if the basket falls by more than buffer, 1% loss for every 1% decline of the basket beyond buffer
|
| Initial levels: | 35,455.8 for Dow, 4,190.98 for Stoxx
|
| Buffer level: | 80% of initial basket level
|
| Pricing date: | Aug. 27
|
| Settlement date: | Sept. 2
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2%
|
| Cusip: | 61773E205
|
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