By Wendy Van Sickle
Columbus, Ohio, Nov. 6 – Morgan Stanley Finance LLC priced $5.28 million of 0% trigger Performance Leveraged Upside Securities due Nov. 3, 2023 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 247% of any index gain.
Investors will receive par if the index falls by up to 35% and will be fully exposed to losses if the index falls by more than 35%.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Trigger Performance Leveraged Upside Securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $5,280,840
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| Maturity: | Nov. 3, 2023
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 247% of any index gain; par if index declines by 35% or less; full exposure to loss if index falls by more than 35%
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| Initial level: | 3,673.95
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| Trigger: | 2,388.068; 65% of initial level
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| Pricing date: | Oct. 31
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| Settlement date: | Nov. 3
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 3.5%
|
| Cusip: | 61768J482
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