By Marisa Wong
Morgantown, W.Va., April 17 – Morgan Stanley Finance LLC priced $1 million of 0% partial principal at risk securities due April 1, 2021 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 1.2 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
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| Guarantor: | Morgan Stanley
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| Issue: | Partial principal at risk securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $1 million
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| Maturity: | April 1, 2021
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| Coupon: | 0%
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| Price: | Par of $1,000
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| Payout at maturity: | Par plus 1.2 times any index gain; if index falls, par plus the index return subject to minimum payout of $950 per note
|
| Initial index level: | 3,351.71
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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: | 0.75%
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| Cusip: | 61768DX34
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