By Devika Patel
Knoxville, Tenn., Dec. 5 – Morgan Stanley Finance LLC priced $1.22 million of 0% buffered Performance Leveraged Upside Securities due Dec. 3, 2021 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.
If the index return is positive, the payout at maturity will be par of $10 plus 160% of the index return, subject to a maximum payment of $19.00 per PLUS.
Investors will receive par if the index declines by up to 30% and will lose 1% for every 1% that it declines beyond 30%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $1,219,000
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| Maturity: | Dec. 3, 2021
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| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If index return is positive, par of $10 plus 160% of the index return, subject to a maximum payment of $19.00 per PLUS; par if index drops up to 30%; 1% loss for every 1% decline beyond 30%
|
| Initial level: | 3,051.61
|
| Pricing date: | Nov. 30
|
| Settlement date: | Dec. 5
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3.5%
|
| Cusip: | 61766F482
|
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