By Wendy Van Sickle
Columbus, Ohio, Nov. 6 – Morgan Stanley Finance LLC priced $13.37 million of 0% trigger Performance Leveraged Upside Securities due Nov. 5, 2019 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 200% of any index gain.
Investors will receive par if the index falls by up to 25% and will be fully exposed to losses if the index falls by more than 25%.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Trigger Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx Banks
|
| Amount: | $13,366,870
|
| Maturity: | Nov. 5, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 200% of any index gain; par if index declines by 25% or less; full exposure to loss if index falls by more than 25%
|
| Initial level: | 135.64
|
| Trigger: | 101.73; 75% of initial level
|
| Pricing date: | Oct. 31
|
| Settlement date: | Nov. 3
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2.5%
|
| Cusip: | 61768J664
|
|
|
© 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.
