Published on 9/30/2019 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $254,000 partial principal at risk notes tied to Euro Stoxx
By Kiku Steinfeld
Chicago, Sept. 30 – Morgan Stanley Finance LLC priced $254,000 of 0% equity-linked partial principal at risk securities due June 2, 2023 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.
The payout at maturity will be par plus 118% of any index gain.
If the index finishes flat or falls, the payout at maturity will be par plus the index return, subject to a minimum payout of $950 per $1,000 of notes.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Equity-linked partial principal at risk securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $254,000
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| Maturity: | June 2, 2023
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 118% of index gain; if the index finishes flat or falls, par plus index return, subject to minimum payout of $950 per $1,000 of notes
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| Initial level: | 3,370.47
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| Pricing date: | Aug. 27
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| Settlement date: | Aug. 30
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 2.5%
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| Cusip: | 61769HNY7
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