By Marisa Wong
Morgantown, W.Va., March 2 – Morgan Stanley Finance LLC priced $1.42 million of 0% allocation securities due Feb. 28, 2023 linked to a basket consisting of the S&P 500 index, the Euro Stoxx 50 index and the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The best performing index will be assigned a 58% weight in the basket, and the index with the second-best return will be given a 42% weight. The index with the lowest return will have no weighting.
The payout at maturity will be par of $10 plus any basket gain.
Investors will be exposed to any losses.
Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Allocation securities
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| Underlying basket: | S&P 500 index, the Euro Stoxx 50 index and the MSCI Emerging Markets index; best performing index will be assigned a 58% weight, second best will be given a 42% weight, index with lowest return will have no weighting
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| Amount: | $1.42 million
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| Maturity: | Feb. 28, 2023
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus any basket gain; full exposure to any losses
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| Initial levels: | 2,747.30 for S&P, 3,441.46 for Euro Stoxx, 1,216.43 for MSCI EM
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| Pricing date: | Feb. 23
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| Settlement date: | Feb. 28
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| Agent: | Morgan Stanley & Co. LLC
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| Dealer: | UBS Financial Services Inc.
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| Fees: | 3.5%
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| Cusip: | 61768M675
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