New Issue: Morgan Stanley sells $1.51 million market-linked notes on Netflix, Intellia, Valero

By William Gullotti

Buffalo, N.Y., June 8 – Morgan Stanley Finance LLC priced $1.51 million of 0% market-linked notes due June 8, 2027 linked to the stock performance of Netflix, Inc., Intellia Therapeutics, Inc. and Valero Energy Corp., 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 plus 200% of any gain in the worst performing stock.

If the worst performer declines, the payout will be par.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Market-linked notes
Underlying stocks:	Netflix, Inc., Intellia Therapeutics, Inc., Valero Energy Corp.
Amount:	$1,511,000
Maturity:	June 8, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any gain of the worst performing stock; otherwise, par
Initial levels:	$198.98 for Netflix, $45.31 for Intellia, $135.42 for Valero
Pricing date:	June 3
Settlement date:	June 8
Agent:	Morgan Stanley & Co. LLC
Fees:	0.75%
Cusip:	61774DGQ4

© 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.