Published on 6/21/2017 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley sells $5.85 million of PLUS tied to Euro Stoxx 50 index
By Devika Patel
Knoxville, Tenn., June 21 – Morgan Stanley Finance LLC priced $5.85 million of 0% Performance Leveraged Upside Securities due Oct. 3, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing 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 300% of the index return. Investors will lose 1% for each 1% decline.
Morgan Stanley & Co. LLC is the agent, with Morgan Stanley Wealth Management handling distribution.
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: | $5,849,680
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Maturity: | Oct. 3, 2018
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus 300% of index return; 1% loss for each 1% decline
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Initial index level: | 3,483.88
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Pricing date: | June 16
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Settlement date: | June 21
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 2.25%
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Cusip: | 61766A756
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