By Angela McDaniels
Tacoma, Wash., Dec. 1 – Morgan Stanley Finance LLC priced $2.42 million of 0% accelerated return securities due Dec. 2, 2022 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 plus 270% of the index return. Investors will receive par if the index falls by 30% or less and will be fully exposed to the index’s decline from its initial level if it falls by more than 30%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Accelerated return securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $2.42 million
|
| Maturity: | Dec. 2, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 270% of any index gain; par if index falls by 30% or less; full exposure to index’s decline from initial level if it falls by more than 30%
|
| Initial index level: | 3,589.91
|
| Trigger level: | 2,512.937, 70% of initial level
|
| Pricing date: | Nov. 29
|
| Settlement date: | Dec. 4
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 1.75%
|
| Cusip: | 61768CVE4
|
© 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.
