By Marisa Wong
Morgantown, W.Va., Nov. 30 – Morgan Stanley Finance LLC priced $1.97 million of 0% Performance Leveraged Upside Securities due March 5, 2019 linked to the Tokyo Stock Price index, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus 3 times the gain, capped at $11.675 per PLUS.
Investors will be fully exposed to any index decline.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
|
Guarantor: | Morgan Stanley
|
Issue: | Performance Leveraged Upside Securities
|
Underlying index: | Tokyo Stock Price index
|
Amount: | $1,966,500
|
Maturity: | March 5, 2019
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | Par plus 300% of any index gain capped at 16.75%; 1% loss per 1% decline
|
Initial level: | 1,763.76
|
Pricing date: | Nov. 17
|
Settlement date: | Nov. 22
|
Agent: | Morgan Stanley & Co. LLC
|
Fees: | 2.25%
|
Cusip: | 61768J847
|
|
© 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.