By William Gullotti
Buffalo, N.Y., June 1 – Morgan Stanley Finance LLC priced $5.81 million of 0% Performance Leveraged Upside Securities due Aug. 3, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Morgan Stanley.
The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of $11.68 per security.
Investors will lose 1% for each 1% decline of the index from its initial level.
Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management is the dealer.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Performance Leveraged Upside Securities
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Underlying index: | Euro Stoxx 50
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Amount: | $5,806,500
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Maturity: | Aug. 3, 2022
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | If index return is positive, par plus 300% of index return up to maximum return of $11.68 per security; 1% loss for every 1% that final index level is less than the initial level
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Initial level: | 3,974.74
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Pricing date: | April 30
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Settlement date: | May 6
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Agent: | Morgan Stanley & Co. LLC
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Dealer: | Morgan Stanley Wealth Management
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Fees: | 2.25%
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Cusip: | 61772X261
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