By Marisa Wong
Morgantown, W.Va., April 3 – Morgan Stanley Finance LLC priced $2.27 million 0% equity-linked partial principal at risk securities due March 26, 2021 linked to the Euro Stoxx Select Dividend 30 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 of $1,000 plus 204% of any index gain.
If the index finishes flat or declines, investors will receive par plus the index return, subject to a minimum payout of $950 per security.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Equity-linked partial principal at risk securities
|
| Underlying index: | Euro Stoxx Select Dividend 30 index
|
| Amount: | $2,265,000
|
| Maturity: | March 26, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 2.04 times any index gain; 1% loss for every 1% index decline, up to maximum loss of 5%
|
| Initial index level: | 1,975.02
|
| Pricing date: | March 23
|
| Settlement date: | March 28
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 1%
|
| Cusip: | 61768CM38
|
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