By Sarah Lizee
Olympia, Wash., Feb. 13 – Morgan Stanley Finance LLC priced $659,300 of 0% Performance Leveraged Upside Securities due May 5, 2020 linked to the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.
If the index finishes above its initial level, the payout at maturity will be par plus 300% of the gain.
Investors will be fully exposed to any losses.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management is a dealer.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | Russell 2000
|
| Amount: | $659,300
|
| Maturity: | May 5, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index gains, par plus 300% of return; 1% loss per 1% decline
|
| Initial level: | 1,499.419
|
| Pricing date: | Jan. 31
|
| Settlement date: | Feb. 5
|
| Agent: | Morgan Stanley & Co. LLC with Morgan Stanley Wealth Management as a dealer
|
| Fees: | 2.25%
|
| Cusip: | 61768W822
|
© 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.
