Published on 11/21/2022 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $897,000 market-linked notes linked to Morgan Stanley MAP
By Kiku Steinfeld
Chicago, Nov. 21 – Morgan Stanley Finance LLC priced $897,000 of 0% market-linked notes due March 23, 2028 linked to the Morgan Stanley MAP Trend index, 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 225% of the index return. Otherwise investors will receive par.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Market-linked notes
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Underlying index: | Morgan Stanley MAP Trend index
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Amount: | $897,000
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Maturity: | March 23, 2028
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus 225% of index return; minimum payout of par
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Initial level: | 240.35
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Upside leverage: | 225%
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Cap: | None
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Pricing date: | March 18
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Settlement date: | March 23
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 3.25%
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Cusip: | 61773QDM8
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