By Wendy Van Sickle
Columbus, Ohio, Oct. 31 – Morgan Stanley Finance LLC priced $1.52 million of 0% buffered Performance Leveraged Upside Securities due Oct. 29, 2021 linked to an unequally weighted basket of two indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The basket consists of the S&P 500 index with a 75% weight and the Euro Stoxx 50 index with a 25% weight.
The payout at maturity will be par plus 123% of any basket gain.
Investors will receive par if the basket falls by up to 20% and will lose 1% for each 1% decline beyond 20%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Basket components: | S&P 500 index (75% weight) Euro Stoxx 50 index (25% weight)
|
| Amount: | $1,525,000
|
| Maturity: | Oct. 29, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If basket return is positive, par plus 123% of return; par if basket declines by 20% or less; exposure to losses beyond 20%
|
| Initial index levels: | 2,560.40 for S&P 500 and 3,637.20 for Euro Stoxx 50
|
| Pricing date: | Oct. 26
|
| Settlement date: | Oct. 31
|
| Underwriter: | Morgan Stanley & Co. LLC
|
| Fees: | 0%
|
| Cusip: | 61768CSB4
|
|
|
© 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.
