By Wendy Van Sickle
Columbus, Ohio, March 19 – Morgan Stanley Finance LLC priced $1.57 million of 0% partial principal at risk securities due March 18, 2022 tied to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par of $1,000 plus 1.7325 times any index gain.
If the index finishes flat or declines, investors will receive par plus the index return, subject to a minimum payout of $950 per note.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Partial principal at risk securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $1,565,000
|
| Maturity: | March 18, 2022
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| Coupon: | 0%
|
| Price: | Par of $1,000
|
| Payout at maturity: | Par plus 173.25% any index gain; if index falls, par plus the index return subject to minimum payout of $950 per note
|
| Initial index level: | 3,386.08
|
| Pricing date: | March 15
|
| Settlement date: | March 20
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 0.75%
|
| Cusip: | 61768DZ81
|
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