By Wendy Van Sickle
Columbus, Ohio, Sept. 10 – Morgan Stanley Finance LLC priced $1 million of 0% buffered Performance Leveraged Upside Securities due March 8, 2024 linked to a basket containing equal weights of the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the return of basket is greater than or equal to its initial value, the payout will be par plus 148% of the basket return.
If the basket falls by up to 25%, the payout will be par.
If the basket falls by more than 25%, investors will lose 1% for every 1% decline of the basket beyond 25%.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management is a dealer.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Buffered Performance Leveraged Upside Securities
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| Underlying basket: | Euro Stoxx 50 and S&P 500, 50% weights each
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| Amount: | $1 million
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| Maturity: | March 8, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the return of basket is greater than or equal initial value, par plus 148% of basket return; if the basket falls by up to 25%, par; if the basket falls by more than 25%, 1% loss for every 1% decline of the basket beyond 25%
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| Initial levels: | 2,976.00 for S&P, 3,484.70 for Stoxx
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| Pricing date: | Sept. 5
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| Settlement date: | Sept. 10
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| Agent: | Morgan Stanley & Co. LLC
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| Dealer: | Morgan Stanley Wealth Management
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| Fees: | 0.35%
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| Cusip: | 61769HUK9
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