By Taylor Fox
New York, March 16 – Morgan Stanley Finance LLC priced $6.75 million of 0% capped leveraged notes due Sept. 8, 2022 linked to the Russell 2000 Value 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 200% of any index gain, capped at par plus 14.15%.
Investors will be fully exposed to any decline in the index.
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 Value index
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Amount: | $6,745,000
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Maturity: | Sept. 8, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 200% of any index gain, capped at par plus 14.15%; full exposure to losses
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Initial level: | 2,324.982
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Pricing date: | March 3
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Settlement date: | March 10
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 1.49%
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Cusip: | 61771VDM9
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