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Published on 11/21/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $935,000 capped leveraged notes on S&P 500

By William Gullotti

Buffalo, N.Y., Nov. 21 – Morgan Stanley Finance LLC priced $935,000 of 0% capped leveraged notes due Jan. 9, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par plus 300% of any index gain, capped at par plus 30.81%.

Investors will be fully exposed to any decline in the index.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Capped leveraged notes
Underlying index:S&P 500 index
Amount:$935,000
Maturity:Jan. 9, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, capped at par plus 30.81%; full exposure to losses
Initial level:4,508.24
Pricing date:Nov. 16
Settlement date:Nov. 24
Agent:Morgan Stanley & Co. LLC
Fees:None
Cusip:61775MYE0

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