By Wendy Van Sickle
Columbus, Ohio, March 20 – Morgan Stanley Finance LLC priced $2.33 million of 0% Performance Leveraged Upside Securities due July 3, 2019 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 finishes above its initial level, the payout at maturity will be par plus 300% of the return, up to a maximum gain of 47.5%.
Investors will lose 1% for each 1% decline in the index.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
|
Guarantor: | Morgan Stanley
|
Issue: | Performance Leveraged Upside Securities
|
Underlying indexes: | Euro Stoxx 50
|
Amount: | $2,329,070
|
Maturity: | July 3, 2019
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | Par plus 300% of any index gain up to a maximum gain of 47.5%; 1% loss per 1% decline in index
|
Initial level: | 3,437.4
|
Pricing date: | March 16
|
Settlement date: | March 21
|
Agent: | Morgan Stanley & Co. LLC
|
Fees: | 2.25%
|
Cusip: | 61768P199
|
|
© 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.