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Published on 5/18/2020 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $1.34 million market-linked notes on ETF-MAP 2

By Marisa Wong

Los Angeles, May 18 – Morgan Stanley Finance LLC priced $1.34 million of 0% market-linked notes due May 5, 2026 linked to the Morgan Stanley ETF-MAP 2 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The payout at maturity will be par of $10 plus 115% of any index gain.

If the index falls, 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 index:Morgan Stanley ETF-MAP 2 index
Amount:$1,337,000
Maturity:May 5, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 115% of any index gain; floor of par
Initial level:1,161.98
Pricing date:April 30
Settlement date:May 5
Agent:Morgan Stanley & Co. LLC
Fees:3.5%
Cusip:61769P495

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