By Wendy Van Sickle
Columbus, Ohio, March 8 – Morgan Stanley Finance LLC priced $8.67 million of 0% leveraged index-linked notes due April 9, 2024 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, payout at maturity will be par plus 175% of the index gain.
Investors will lose 1% for every 1% decline.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $8,665,000
|
| Maturity: | April 9, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus 175% of the index gain; 1% loss for every 1% decline
|
| Initial index level: | 3,741.78
|
| Pricing date: | March 3
|
| Settlement date: | March 10
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2%
|
| Cusip: | 61773QKR9
|
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