New Issue: Morgan Stanley prices $1.33 million buffered participation securities linked to Dow

New York, Sept. 29 – Morgan Stanley Finance LLC priced $1.33 million of 0% Buffered participation securities due Aug. 31, 2027 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return.

Investors will receive par if the index declines by 29% or less and will lose 1% for every 1% that it declines beyond 29%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered participation securities
Underlying index:	Dow Jones industrial average
Amount:	$1,331,000
Maturity:	Aug. 31, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus index return; par if index declines by 29% or less; otherwise, 1% loss for every 1% that index declines beyond 29%
Initial level:	32,283.40
Buffer:	29%
Buffer level:	22,921.214, 71% of initial level
Pricing date:	Aug. 26
Settlement date:	Aug. 31
Agent:	Morgan Stanley & Co. LLC
Fees:	3.3%
Cusip:	61774DX36

© 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.