Chicago, Feb. 1 – Morgan Stanley Finance LLC priced $1.79 million of 0% buffered Performance Leveraged Upside Securities due April 10, 2026 linked to a basket containing two indexes and an ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P 500 index (60% weight), the Euro Stoxx 50 index (20% weight) and the iShares MSCI Emerging Markets ETF (20% weight).
If the return of the basket is greater than or equal to its initial value, the payout will be par plus 115% of the basket return.
If the basket falls by up to 10%, the payout will be par.
If the basket falls by more than 10%, investors will lose 1% for every 1% decline of the basket beyond the 10% buffer.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying basket: | S&P 500 index (60% weight), Euro Stoxx 50 index (20% weight), iShares MSCI Emerging Markets ETF (20% weight)
|
| Amount: | $1,785,000
|
| Maturity: | April 10, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the return of basket is greater than or equal initial value, par plus 115% of basket return; par if the basket declines but finishes above its buffer level, 1% loss for every 1% decline of the basket beyond buffer
|
| Initial levels: | 4,073.94 for S&P, 3,970.42 for Stoxx, $54.37 for EM ETF
|
| Buffer level: | 90% of initial basket level
|
| Pricing date: | April 6
|
| Settlement date: | April 9
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 0.6%
|
| Cusip: | 61771VSX9
|
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