By Susanna Moon
Chicago, Oct. 19 – Morgan Stanley Finance LLC priced $2.33 million of 0% buffered Performance Leveraged Upside Securities due May 6, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 200% of any index gain, up to a maximum return of 39%.
Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $2,329,750
|
| Maturity: | May 6, 2020
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 200% of any index gain, capped at 39%; par if index declines by 10% or less; 1% loss for each 1% decline beyond 10%
|
| Initial level: | 3,605.54
|
| Pricing date: | Oct. 12
|
| Settlement date: | Oct. 17
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2.5%
|
| Cusip: | 61768J490
|
|
|
|
|
© 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.
