E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/22/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $580,000 commodity-linked notes on WTI Oil Futures Contracts

By Kiku Steinfeld

Chicago, Nov. 22 – Morgan Stanley Finance LLC priced $580,000 of 0% commodity-linked notes due March 25, 2027 linked to the performance of the West Texas Intermediate Light Sweet Crude Oil Futures Contracts, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double the return with a floor of par.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Commodity-linked notes
Underlying commodity:West Texas Intermediate Light Sweet Crude Oil Futures Contracts
Amount:$580,000
Maturity:March 25, 2027
Coupon:0%
Price:Par
Payout at maturity:Par plus double return with floor of par
Initial price:$112.12
Pricing date:March 21, 2022
Settlement date:March 24, 2022
Agent:Morgan Stanley & Co. LLC
Fees:2%
Cusip:61773FFC2

© 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.