By Kiku Steinfeld
Chicago, Oct. 17 – Morgan Stanley Finance LLC priced $250,000 of 0% equity-linked partial principal at risk securities due Oct. 3, 2024 linked to an equally weighted basket consisting of the Euro Stoxx 50 index and the S&P 500 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 of $10 plus 115% of any basket gain.
If the basket finishes flat or declines, investors will receive par plus the basket return, subject to a minimum payout of $9.50 per $10 of notes.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Equity-linked partial principal at risk securities
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| Underlying basket: | Euro Stoxx 50 and S&P 500; equally weighted
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| Amount: | $250,000
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| Maturity: | Oct. 3, 2024
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| Coupon: | 0%
|
| Price: | Par of $10
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| Payout at maturity: | Par plus 115% of any basket gain; if basket finishes flat or declines, par plus the basket return, subject to a minimum payout of $9.50 per $10 of notes
|
| Initial index values: | 3,569.45 for Stoxx and 2,976.74 for S&P
|
| Pricing date: | Sept. 30
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| Settlement date: | Oct. 3
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 0.5%
|
| Cusip: | 61769HTU9
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