By Marisa Wong
Morgantown, W.Va., Jan. 8 – Morgan Stanley Finance LLC priced $771,000 of 0% buffered Performance Leveraged Upside Securities due Dec. 31, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index finishes above its initial level, the payout at maturity will be par plus 143% of the return.
Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline beyond the buffer.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Buffered Performance Leveraged Upside Securities
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Underlying indexes: | Euro Stoxx 50
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Amount: | $771,000
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Maturity: | Dec. 31, 2020
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 143% of any index gain; if index falls by up 20%, par; otherwise, 1% loss per 1% decline beyond 20%
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Initial level: | 3,524.31
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Pricing date: | Dec. 28
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Settlement date: | Jan. 3
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 1%
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Cusip: | 61768CVU8
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