By Marisa Wong
Morgantown, W.Va., Jan. 4 – Morgan Stanley Finance LLC priced $8.72 million of 0% capped gears due Feb. 28, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Morgan Stanley.
If the index return is greater than zero, the payout at maturity will be par of $10 plus 3 times the index return, subject to a maximum gain of 20.8%.
Investors will be fully exposed to losses.
Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Capped gears
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $8,718,060
|
| Maturity: | Feb. 28, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If the index return is greater than zero, par plus 3 times the index return, subject to maximum gain of 20.8%; full exposure to losses
|
| Initial level: | 3,550.17
|
| Pricing date: | Dec. 27
|
| Settlement date: | Dec. 29
|
| Agent: | Morgan Stanley & Co. LLC
|
| Dealer: | UBS Financial Services Inc.
|
| Fees: | 2%
|
| Cusip: | 61768K604
|
|
|
© 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.
