By Susanna Moon
Chicago, Oct. 15 – Morgan Stanley priced $1.03 million of 0% buffered securities due Oct. 16, 2019 linked to the Bloomberg Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 101% of any index gain.
Investors will receive par if the index falls by up to 15% and will be exposed to any losses beyond 15%.
Morgan Stanley & Co. LLC is the agent with distribution through Morgan Stanley Wealth Management.
| Issuer: | Morgan Stanley
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| Issue: | Buffered securities
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| Underlying index: | Bloomberg Commodity index
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| Amount: | $1,025,000
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| Maturity: | Oct. 16, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 101% of any index gain; par if index falls by up to 15%; 1% loss per 1% loss beyond 15%
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| Initial level: | 118.2045
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| Buffer level: | 85% of initial level
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| Pricing date: | Oct. 10
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| Settlement date: | Oct. 16
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| Agent: | Morgan Stanley & Co. LLC
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| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 2.5%
|
| Cusip: | 61762GCC6
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