By Susanna Moon
Chicago, June 4 – Morgan Stanley Finance LLC priced $500,000 of 0% market-linked notes due May 29, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 104% of any index gain.
If the index falls, the payout will be par.
The notes will be guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
|
Guarantor: | Morgan Stanley
|
Issue: | Market-linked notes
|
Underlying index: | S&P 500
|
Amount: | $500,000
|
Maturity: | May 29, 2026
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 104% of any index gain, floor of par
|
Initial level: | 2,727.76
|
Pricing date: | May 24
|
Settlement date: | May 30
|
Agent: | Morgan Stanley & Co. LLC
|
Fees: | 3.5%
|
Cusip: | 61768C2K2
|
|
|
© 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.