New Issue: Morgan Stanley prices $2.88 million leveraged buffered notes on index basket

By Susanna Moon

Chicago, April 16 – Morgan Stanley Finance LLC priced $2.88 million of 0% capped leveraged buffered notes due Aug. 10, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 220% of any basket gain, up to a maximum settlement amount of $1,561 for each $1,000 principal amount.

Investors will receive par if the basket falls by up to 20% and will lose 1.25% for each 1% decline beyond 20%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Capped leveraged buffered notes
Underlying basket:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Tokyo Stock Price (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$2,881,000
Maturity:	Aug. 10, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 220% of any basket gain, capped at 56.1%; par if basket falls by up to 20%; 1.25% loss per 1% drop beyond 20%
Initial levels:	3,408.10 for Stoxx, 7,183.64 for FTSE, 1,719.30 for Topix, 8,671.04 for Swiss Market and 5,788.739 for S&P/ASX
Pricing date:	April 6
Settlement date:	April 13
Agent:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61768CS73

© 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.