Published on 4/25/2022 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley sells $6.82 million market-linked notes on ETF-MAP 2 index
By William Gullotti
Buffalo, N.Y., April 25 – Morgan Stanley Finance LLC priced $6.82 million of 0% market-linked notes due May 5, 2026 linked to the Morgan Stanley ETF-MAP 2 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 plus 187% of any index gain. If the index falls, the payout will be par.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Market-linked notes
|
| Underlying index: | Morgan Stanley ETF-MAP 2 index
|
| Amount: | $6,815,000
|
| Maturity: | May 5, 2026
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 187% of any index gain; floor of par
|
| Initial level: | 1,254.68
|
| Pricing date: | April 19
|
| Settlement date: | April 22
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3%
|
| Cusip: | 61773Y359
|
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