E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/10/2018 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $2.13 million market-linked notes tied to index basket

By Wendy Van Sickle

Columbus, Ohio, Dec. 10 – Morgan Stanley Finance LLC priced $2.13 million of 0% market-linked notes due Dec. 5, 2023 linked to a basket consisting of the S&P 500 index and the Euro Stoxx 50 index, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 142% of any basket gain.

If the basket falls, the payout will be par.

Morgan Stanley & Co. LLC is the agent.

The notes are guaranteed by Morgan Stanley.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Market-linked notes
Underlying indexes:S&P 500 and Euro Stoxx 50, equally weighted
Amount:$2,127,000
Maturity:Dec. 5, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 142% of any basket gain, floor of par
Initial levels:2,760.17 for S&P and 3,173.13 for Stoxx
Pricing date:Nov. 30
Settlement date:Dec. 5
Agent:Morgan Stanley & Co. LLC
Fees:1.125%
Cusip:61768DQE8

© 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.