Published on 4/10/2017 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $14.01 million PLUS linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., April 10 – Morgan Stanley Finance LLC priced $14.01 million of 0% Performance Leveraged Upside Securities due July 5, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index return is positive, the payout at maturity will be par of $10 plus triple the index return, subject to a maximum return of 30.1%. If the index return is negative, investors will be exposed to the decline.
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
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Amount: | $14,009,200
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Maturity: | July 5, 2018
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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 30.1% maximum return; if index return is negative, exposure to decline
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Initial level: | 3,500.93
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Pricing date: | March 31
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Settlement date: | April 5
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 2.25%
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Cusip: | 61766A707
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