New York, April 19 – Morgan Stanley Finance LLC priced $5.42 million of 0% dual directional trigger jump securities due April 5, 2029 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is zero or positive, the payout at maturity will be par plus the greater of the return and 52.5%.
If the index declines but finishes at or above the 75% downside threshold, investors will receive par plus the absolute value of the index return.
Otherwise, investors will lose 1% for every 1% decline of the index from initial level.
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: | Dual directional trigger jump securities
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| Underlying assets: | Euro Stoxx 50 index
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| Amount: | $5,423,000
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| Maturity: | April 5, 2029
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index finishes flat or gains, par plus greater of index return and 52.5%; par plus absolute value of index return if index declines by no more than 25%; otherwise, 1% loss for every 1% that index from initial level
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| Initial level: | 5,083.42
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| Upside payment: | 52.5%
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| Downside threshold: | 3,812.565, 75% of initial level
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| Pricing date: | March 28
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| Settlement date: | April 4
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 3.5%
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| Cusip: | 61776LDY0
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