E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/13/2019 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $898,900 PLUS due 2020 tied to Tokyo Stock Price

By Sarah Lizee

Olympia, Wash., Feb. 13 – Morgan Stanley Finance LLC priced $898,900 of 0% Performance Leveraged Upside Securities due May 5, 2020 linked to the Tokyo Stock Price index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus 300% of the gain, capped at par plus 27.8%.

Investors will be fully exposed to any losses.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Performance Leveraged Upside Securities
Underlying index:Tokyo Stock Price
Amount:$898,900
Maturity:May 5, 2020
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 300% of the gain, capped at par plus 27.8%; 1% loss per 1% decline
Initial level:1,567.49
Pricing date:Jan. 31
Settlement date:Feb. 5
Agent:Morgan Stanley & Co. LLC with Morgan Stanley Wealth Management as a dealer
Fees:2.25%
Cusip:61768W798

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.