By Sarah Lizee
Olympia, Wash., June 10 – Morgan Stanley Finance LLC priced $1 million of 0% buffered Performance Leveraged Upside Securities due June 10, 2021 linked to a basket of the Euro Stoxx 50 index with a 50% weight and the MSCI Emerging Markets index with a 50% weight, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
At maturity, if the basket gains, the payout will be par plus 142.1% of the basket return.
If the final basket value is less than the initial basket value but is greater than or equal to 90% of the initial basket value, investors will receive par.
If the final basket value is less than 90% of the initial basket value, investors will lose 1% for every 1% decline beyond 10%.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Buffered Performance Leveraged Upside Securities
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Basket components: | Euro Stoxx 50 index (50% weight) and MSCI Emerging Markets index (50% weight)
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Amount: | $1 million
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Maturity: | June 10, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If the basket gains, par plus 142.1% of the basket return; if the final basket value is less than the initial basket value but is greater than or equal to 90% of the initial basket value, par; if the final basket value is less than 90% of the initial basket value, 1% loss for every 1% decline beyond 10%
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Initial levels: | 3,339.95 for Stoxx and 1,004.68 for EM
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Pricing date: | June 5
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Settlement date: | June 10
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 0.6%
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Cusip: | 61769HFL4
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