Published on 12/6/2021 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $5.53 million PLUS linked to Euro Stoxx 50
New York, Dec. 6 – Morgan Stanley Finance LLC priced $5.53 million of 0% Performance Leveraged Upside Securities due Feb. 3, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 300% of the index return subject to a maximum return of par plus 16.4%. Investors will lose 1% for every 1% that it declines.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Performance Leveraged Upside Securities
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Underlying index: | Euro Stoxx 50 index
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Amount: | $5,526,080
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Maturity: | Feb. 3, 2023
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | If index return is positive, par plus 300% of index return subject to a maximum return of par plus 16.4%; 1% loss for every 1% that index declines
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Initial level: | 4,250.56
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Upside leverage: | 300%
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Cap: | 16.4%
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Pricing date: | Oct. 29
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Settlement date: | Nov. 3
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 2.25% including a structuring fee of 0.5%
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Cusip: | 61773G309
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