Published on 1/1/2022 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $5.92 million market-linked notes on Stoxx 50
By Kiku Steinfeld
Chicago, Jan. 2 – Morgan Stanley Finance LLC priced $5.92 million of 0% market-linked notes due Dec. 5, 2028 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 100% of the gain, subject to a maximum return of par plus 69%. Otherwise, investors will receive par.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent with Morgan Stanley Wealth Management acting as a selected dealer.
Issuer: | Morgan Stanley Finance LLC
|
Guarantor: | Morgan Stanley
|
Issue: | Market-linked notes
|
Underlying index: | Euro Stoxx 50 index
|
Amount: | $5,919,460
|
Maturity: | Dec. 5, 2028
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | If index return is positive, par plus gain, capped at 69%; minimum payout of par
|
Initial level: | 4,063.06
|
Cap: | 69%
|
Pricing date: | Nov. 30
|
Settlement date: | Dec. 3
|
Agent: | Morgan Stanley & Co. LLC with Morgan Stanley Wealth Management as selected dealer
|
Fees: | 3.5%
|
Cusip: | 61773G788
|
|
© 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.