By Marisa Wong
Morgantown, W.Va., Jan. 30 – Morgan Stanley Finance LLC priced $33.55 million of 0% capped leveraged notes due Feb. 5, 2020 linked to the Russell 2000 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 triple any index gain, up to a maximum settlement amount of $1,249 per $1,000 principal amount.
Investors will be exposed to any losses.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Capped leveraged notes
|
| Underlying index: | Russell 2000
|
| Amount: | $33,545,000
|
| Maturity: | Feb. 5, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any index gain, capped at 24.9%; exposure to any losses
|
| Initial level: | 1,543.717
|
| Pricing date: | March 26
|
| Settlement date: | April 6
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 1.84%
|
| Cusip: | 61768CM95
|
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