New Issue: Morgan Stanley prices $1 million fixed-income securities linked to Dow, Nasdaq

Chicago, Nov. 10 – Morgan Stanley Finance LLC priced $1 million of fixed income securities due Sept. 8, 2023 linked to the worst performing of the Dow Jones industrial average and Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 7.15%, paid quarterly.

If the worst performing index gains or ends above the 80% downside threshold the payout at maturity will be par. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the downside threshold level.

The notes are non-callable.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Fixed-income securities
Underlying indexes:	Dow Jones industrial average and Nasdaq-100 index
Amount:	$1 million
Maturity:	Sept. 8, 2023
Coupon:	7.15%, paid quarterly
Price:	Par
Payout at maturity:	If worst performing index finishes at or above its downside threshold level, par; 1% loss for every 1% that worst performing index declines if it finishes below its downside threshold level
Initial levels:	33,891.35 for Dow, 14,243.69 for Nasdaq
Downside threshold:	27,113.08 for Dow, 11,394.952 for Nasdaq, 80% of initial levels
Call:	Non-callable
Pricing date:	March 2
Settlement date:	March 7
Agent:	Morgan Stanley & Co. LLC
Fees:	2%
Cusip:	61773QJB6

© 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.