By Sarah Lizee
Olympia, Wash., Jan. 2 – Morgan Stanley Finance LLC priced $8.26 million of 0% buffered Performance Leveraged Upside Securities due Jan. 5, 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 plus 200% of the index return, capped at par plus 45%.
Investors will receive par if the index declines by up to 15% and will lose 1% for every 1% that it declines beyond 15%.
Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management is handling distribution.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $8,263,300
|
| Maturity: | Jan. 5, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus 200% of the index return, capped at par plus 45%; par if index drops up to 15%; 1% loss for every 1% decline beyond 15%
|
| Initial level: | 2,986.53
|
| Pricing date: | Dec. 28
|
| Settlement date: | Jan. 4
|
| Agent: | Morgan Stanley & Co. LLC with Morgan Stanley Wealth Management handling distribution
|
| Fees: | 2.5%
|
| Cusip: | 61768W368
|
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