New Issue: Morgan Stanley sells $2.13 million buffered PLUS on Stoxx

By Sarah Lizee

Olympia, Wash., Aug. 21 – Morgan Stanley Finance LLC priced $2.13 million of 0% buffered Performance Leveraged Upside Securities due Sept. 3, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

If the index return is positive, the payout at maturity will be par plus the upside payment of 200% of the index return, capped at par plus 25%.

If the index declines by 15% or less, the payout will be par. If the index declines by more than 15%, investors will lose 1% for every 1% for every decline beyond 15%.

Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$2,127,000
Maturity:	Sept. 3, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive, the payout at maturity will be par plus the upside payment of 200% of the index return, capped at par plus 25%; if index declines by 15% or less, par; otherwise, 1% loss for every 1% decline beyond 15%
Initial index value:	3,329.08
Buffer amount:	2,829.718, 85% of initial amount
Pricing date:	Aug. 16
Settlement date:	Aug. 21
Agent:	Morgan Stanley & Co. LLC
Dealer:	Morgan Stanley Wealth Management
Fees:	2.5%
Cusip:	61769Q550

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.