By Susanna Moon
Chicago, June 26 – Morgan Stanley Finance LLC priced $3.1 million of 0% capped leveraged notes due June 24, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 500% of any index gain, up to a maximum settlement amount of $1,219.50 per $1,000 principal amount.
Investors will be exposed to any losses.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Capped leveraged notes
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| Underlying index: | Russell 2000
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| Amount: | $3.1 million
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| Maturity: | June 24, 2020
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 500% of any index gain, capped at par plus 21.95%; exposure to any losses
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| Initial level: | 1,706.421
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| Pricing date: | June 20
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| Settlement date: | June 27
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 2%
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| Cusip: | 61768C5D5
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