By Susanna Moon
Chicago, May 2 – Morgan Stanley Finance LLC priced $3.26 million of 0% buffered Performance Leveraged Upside Securities due April 28, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index finishes at or above its initial level, the payout at maturity will be par plus 2.35 times the gain.
Investors will receive par if the index falls by up to 25% and will be exposed to any losses beyond 25%.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
|
Guarantor: | Morgan Stanley
|
Issue: | Buffered Performance Leveraged Upside Securities
|
Underlying index: | Euro Stoxx 50 index
|
Amount: | $3,256,000
|
Maturity: | April 28, 2023
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 235% of any gain; if index falls by up to 25%, par; 1% loss per 1% decline beyond 25%
|
Initial level: | 3,485.83
|
Pricing date: | April 25
|
Settlement date: | April 30
|
Agent: | Morgan Stanley & Co. LLC
|
Fees: | 3.5%
|
Cusip: | 61768CS65
|
|
|
© 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.