By Angela McDaniels
Tacoma, Wash., Dec. 4 – Morgan Stanley Finance LLC priced $3.36 million of 0% buffered Performance Leveraged Upside Securities due Dec. 5, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 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 500% of the index return, subject to a maximum return of 76%. Investors will receive par if the index declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Buffered Performance Leveraged Upside Securities
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Underlying index: | Euro Stoxx 50
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Amount: | $3.36 million
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Maturity: | Dec. 5, 2022
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | If index return is positive, par plus 500% of index return, subject to 76% maximum return; par if index declines by 20% or less; 1% loss for every 1% that index declines beyond 20%
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Initial index level: | 3,569.93
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Pricing date: | Nov. 30
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Settlement date: | Dec. 5
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 3.5%
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Cusip: | 61768K521
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