By Marisa Wong
Morgantown, W.Va., Nov. 28 – Morgan Stanley Finance LLC priced $11.76 million of 0% buffered Performance Leveraged Upside Securities due June 3, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par of $10 plus 200% of any index gain, capped at $15.00 per PLUS.
Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond the buffer.
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
|
| Amount: | $11,757,870
|
| Maturity: | June 3, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain, capped at 50%; par if index falls by up to 10%; 1% loss per 1% decline beyond 10%
|
| Initial level: | 3,547.46
|
| Pricing date: | Nov. 17
|
| Settlement date: | Nov. 22
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3%
|
| Cusip: | 61768J821
|
|
|
© 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.
