By Marisa Wong
Morgantown, W.Va., Dec. 18 – Morgan Stanley Finance LLC priced $1,795,000 0% equity-linked partial principal at risk securities due Dec. 9, 2020 linked to the Euro Stoxx 50 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 of $1,000 plus any index gain, subject to a maximum payout of $1,380 per note.
If the index declines, investors will receive par plus the index return, subject to a minimum payout of $975 per security.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Equity-linked partial principal at risk securities
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| Underlying index: | Euro Stoxx 50
|
| Amount: | $1,795,000
|
| Maturity: | Dec. 9, 2020
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain, up to maximum return of 38%; 1% loss for every 1% that index declines, up to maximum loss of 2.5%
|
| Initial index level: | 3,591.45
|
| Pricing date: | Dec. 8
|
| Settlement date: | Dec. 13
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2%
|
| Cusip: | 61768CWB9
|
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