By Sarah Lizee
Olympia, Wash., Feb. 13 – Morgan Stanley Finance LLC priced $1 million of 0% market-linked notes due Feb. 5, 2024 linked to a basket consisting of the S&P 500 index and the iShares MSCI EAFE ETF, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 110% of any basket gain, capped at par plus 73%.
If the basket falls, the payout will be par.
Morgan Stanley & Co. LLC is the agent.
The notes are guaranteed by Morgan Stanley.
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 assets: | S&P 500 and iShares MSCI EAFE ETF, equally weighted
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Amount: | $1 million
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Maturity: | Feb. 5, 2024
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 110% of any basket gain, capped at par plus 73%, floor of par
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Initial levels: | 2,704.10 for index and $62.68 for ETF
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Pricing date: | Jan. 31
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Settlement date: | Feb. 5
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 1.125%
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Cusip: | 61768DYB5
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