Published on 8/4/2022 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $1.1 million market-linked notes linked to FTSE 100
By Kiku Steinfeld
Chicago, Aug. 4 – Morgan Stanley Finance LLC priced $1.10 million of 0% market-linked notes due Jan. 11, 2029 linked to the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 114% of the index return. Otherwise investors will receive par.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Market-linked notes
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Underlying index: | FTSE 100 index
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Amount: | $1,095,000
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Maturity: | Jan. 11, 2029
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus 114% of index return; minimum payout of par
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Initial level: | 7,485.28
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Upside leverage: | 114%
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Cap: | None
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Pricing date: | Jan. 7
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Settlement date: | Jan. 12
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 1%
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Cusip: | 61773HC23
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