Published on 4/4/2019 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $440,000 notes linked to S&P 500, Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., April 4 – Morgan Stanley Finance LLC priced $440,000 of 0% market-linked notes due April 5, 2024 linked to an equally weighted basket containing the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par plus 126% of the basket return, subject to a minimum payout of par.
Morgan Stanley & Co. LLC is the agent.
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: | $440,000
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Maturity: | April 5, 2024
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 126% of basket return, subject to minimum payout of par
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Initial levels: | 2,834.40 for S&P 500 and 3,351.71 for Euro Stoxx 50
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Pricing date: | March 29
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Settlement date: | April 3
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 1.125%
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Cusip: | 61768DY74
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