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Published on 10/1/2021 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $1.26 million buffered digital index-linked notes on MSCI EAFE index

By William Gullotti

Buffalo, N.Y., Oct. 1 – Morgan Stanley Finance LLC priced $1.26 million of 0% buffered digital notes due March 24, 2023 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index return is greater than or equal to 90% of the initial level, the payout at maturity will be par plus 9.65%.

Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Buffered digital notes
Underlying index:MSCI EAFE index
Amount:$1,263,000
Maturity:March 24, 2023
Coupon:0%
Price:Par
Payout at maturity:If the index return is greater than or equal to 90% of the initial level, par plus 9.65%; otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%
Initial index level:2,298.19
Threshold level:2,068.371; 90% of initial level
Pricing date:July 22
Settlement date:July 29
Agent:Morgan Stanley & Co. LLC
Fees:None
Cusip:61773FHP1

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