By Wendy Van Sickle
Columbus, Ohio, Nov. 26 – Morgan Stanley Finance LLC priced $500,000 of 0% equity-linked partial principal at risk securities due Nov. 19, 2021 tied 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 $10 plus 250% 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 $9.50 per note.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Partial principal at risk securities
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| Underlying index: | Euro Stoxx Select Dividend 30
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| Amount: | $500,000
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| Maturity: | Nov. 19, 2021
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| Price: | Par of $10
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| Payout at maturity: | Par plus 250% of any index gain; if index falls, par plus the index return subject to minimum payout of $9.50 per note
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| Initial index level: | 1,922.12
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| Pricing date: | Nov. 16
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| Settlement date: | Nov. 21
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 1.5%
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| Cusip: | 61768DQT5
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