Published on 9/28/2018 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley sells $777,000 market-linked notes tied to MAP Trend
By Wendy Van Sickle
Columbus, Ohio, Sept. 28 – Morgan Stanley Finance LLC priced $777,000 of 0% market-linked notes due Sept. 30, 2025 linked to the Morgan Stanley MAP Trend 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 plus 4.45 times any index gain. If the index falls, the payout will be par.
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 index: | Morgan Stanley MAP Trend index
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Amount: | $777,000
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Maturity: | Sept. 30, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If the index return is positive, par plus 4.45 times the gain; otherwise, par
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Initial level: | 222.79
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Pricing date: | Sept. 25
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Settlement date: | Sept. 28
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 4.25%
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Cusip: | 61768DDL6
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