New Issue: Morgan Stanley sells $15.15 million market-linked notes on index basket

By Marisa Wong

Morgantown, W.Va., Jan. 4 – Morgan Stanley Finance LLC priced $15.15 million of 0% market-linked notes due June 30, 2023 linked to a weighted basket of six indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei 225 index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

The payout at maturity will be par plus 124% of any basket gain. If the basket falls, the payout will be par.

Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Market-linked notes
Underlying basket:	Euro Stoxx 50 index with a 40% weight, FTSE 100 index with a 20% weight, Nikkei 225 index with a 20% weight, Swiss Market index with a 7.5% weight, S&P/ASX 200 index with a 7.5% weight and Hang Seng index with a 5% weight
Amount:	$15,148,000
Maturity:	June 30, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.24 times any basket gain; par if basket declines
Initial levels:	3,550.17 for Euro Stoxx, 7,620.68 for FTSE, 22,911.21 for Nikkei, 9,430.44 for Swiss Market, 6,069.873 for S&P/ASX, 29,597.66 for Hang Seng
Pricing date:	Dec. 27
Settlement date:	Dec. 29
Agent:	Morgan Stanley & Co. LLC
Dealer:	UBS Financial Services Inc.
Fees:	3.5%
Cusip:	61768CVQ7

© 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.