E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/4/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $1.05 million accelerated return securities linked to FTSE

By Kiku Steinfeld

Chicago, Aug. 4 – Morgan Stanley Finance LLC priced $1.05 million of 0% accelerated return securities due Jan. 11, 2029 linked to the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the index is positive, the payout at maturity will be par plus 285% of the index return. Investors will lose 1% for every 1% that the index declines.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Accelerated return securities
Underlying index:FTSE 100 index
Amount:$1.05 million
Maturity:Jan. 11, 2029
Coupon:0%
Price:Par
Payout at maturity:If return of index is positive, par plus 285% of index return; 1% loss for every 1% that index declines
Initial level:7,485.28
Upside leverage:285%
Cap:None
Pricing date:Jan. 7
Settlement date:Jan. 12
Agent:Morgan Stanley & Co. LLC
Fees:1%
Cusip:61773HZC6

© 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.