New Issue: Morgan Stanley prices $1.49 million 0% autocallable jump securities linked to four indexes

New York, Dec. 4 – Morgan Stanley Finance LLC priced $1.49 million of jump securities with autocallable feature due April 2, 2024 linked to Nasdaq-100 index, Dow Jones industrial average, MSCI Emerging Markets index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The securities will be called automatically starting March 29, 2022. The notes will be called if all four indexes finish above their redemption levels on any quarterly determination date at a rate of par plus annual 8.5% redemption premium. The redemption levels on the first determination date is 100% of the initial levels. The redemption threshold will step down 5% each quarter.

At maturity the payout will be par plus 25.5% if the worst performing index finishes above its 60% of its initial level.

Investors will be fully exposed to the decline of the worst performing index if it finishes below its 60% trigger level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Jump securities with autocallable feature
Underlying indexes:	Nasdaq-100 index, Dow Jones Industrial Average, MSCI Emerging Markets index and Russell 2000 index
Amount:	$1,487,000
Maturity:	April 2, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 25.5% if the worst performing index finishes above its downside threshold level; otherwise full exposure to the decline of the worst performing index
Call:	Automatically starting March 29, 2022; will be redeemed early if all indexes finish above their redemption levels on quarterly redemption determination date at par plus an annual rate of 8.5%; redemption levels start at initial levels and step down 5% each quarterly potential redemption determination date
Initial level:	33,072.88 for Dow Jones Industrial Average, 1,307.48 for MSCI Emerging Markets index , 12,979.12 for Nasdaq-100 index, 2,221.482 for Russell 2000 index
Downside threshold:	19,843.728 for Dow Jones Industrial Average, 784.488 for MSCI Emerging Markets index , 7,787.472 for Nasdaq-100 index, 1,332.889 for Russell 2000 index, 60% of initial level
Pricing date:	March 26
Settlement date:	March 31
Agent:	Morgan Stanley & Co. LLC
Fees:	0.25%
Cusip:	61771VNT3

© 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.