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