By Marisa Wong
Morgantown, W.Va., Nov. 7 – Morgan Stanley Finance LLC priced $500,000 of 1% market-linked notes due May 1, 2023 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.
Interest is payable annually for the first four years.
The payout at maturity will be par plus 150% of the index return, subject to a minimum payout of par.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Market-linked notes
|
| Underlying index: | Morgan Stanley MAP Trend index
|
| Amount: | $500,000
|
| Maturity: | May 1, 2023
|
| Coupon: | 1%, payable annually for the first four years; no interest for final six months
|
| Price: | Par
|
| Payout at maturity: | Par plus 150% times any index gain; if the index falls, par
|
| Initial level: | 212.56
|
| Pricing date: | Oct. 26
|
| Settlement date: | Oct. 31
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3.75%
|
| Cusip: | 61768DHE8
|
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