By Wendy Van Sickle
Columbus, Ohio, May 30 – Morgan Stanley Finance LLC priced $1.42 million of 0% buffered Performance Leveraged Upside Securities due May 30, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index finishes at or above its initial level, the payout at maturity will be par plus 2.45 times the gain.
Investors will receive par if the index falls by up to 25% and will be exposed to any losses beyond the buffer.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $1,415,000
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| Maturity: | May 30, 2023
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 245% of any gain; if index falls by up to 25%, par; 1% loss per 1% decline beyond 25%
|
| Initial level: | 3,521.76
|
| Buffer level: | 2,641.32; 75% of initial level
|
| Pricing date: | May 24
|
| Settlement date: | May 30
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3.3%
|
| Cusip: | 61768C2D8
|
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