Published on 11/27/2023 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $807,000 market-linked notes linked to Stoxx, EAFE ETF
Chicago, Nov. 27 – Morgan Stanley Finance LLC priced $807,000 of 0% market-linked notes due Oct. 29, 2025 linked to the worst performing of the Euro Stoxx 50 index and iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If each asset return is positive, the payout at maturity will be par plus 110% of the worst performing asset return. Otherwise, investors will receive par.
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: | Market-linked notes
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Underlying assets: | Euro Stoxx 50 index and iShares MSCI EAFE ETF
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Amount: | $807,000
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Maturity: | Oct. 29, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 110% of worst performing asset return; otherwise, par
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Initial levels: | $58.00 for ETF, 3,527.79 for Stoxx
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Upside leverage: | 110%
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Cap: | None
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Pricing date: | Oct. 24, 2022
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Settlement date: | Oct. 27, 2022
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 0.75%
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Cusip: | 61774HSE9
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