By Susanna Moon
Chicago, Oct. 4 – Morgan Stanley Finance LLC priced $500,000 of 0% equity-linked partial principal at risk securities due Sept. 29, 2021 linked to the Euro Stoxx Select Dividend 30 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the underlying index finishes at or above its initial level, the payout at maturity will be par plus the gain.
If the index falls, the payout will be par plus the return, with a minimum payout of $950 per security.
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: | Equity-linked partial principal at risk securities
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Underlying index: | Euro Stoxx Select Dividend 30 index
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Amount: | $500,000
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Maturity: | Sept. 29, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain; if index falls, par plus return with floor of 95% of par
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Initial level: | 2,001.34
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Pricing date: | Sept. 24
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Settlement date: | Sept. 27
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Underwriter: | Morgan Stanley & Co. LLC
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Fees: | 3.5%
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Cusip: | 61768DEW1
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