By Wendy Van Sickle
Columbus, Ohio, Sept. 7 – Morgan Stanley Finance LLC priced $2.1 million of 0% buffered Performance Leveraged Upside Securities due Sept. 3, 2020 linked to an equally weighted basket of two indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The basket consists of the Euro Stoxx 50 index and the MSCI EAFE index.
The payout at maturity will be par plus 153% of any basket gain.
Investors will receive par if the basket falls by up to 10% and will lose 1% for each 1% decline beyond 10%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Basket components: | Euro Stoxx 50 index, MSCI EAFE index, each with a 50% weight
|
| Amount: | $2.1 million
|
| Maturity: | Sept. 3, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If basket return is positive, par plus 153% of return; par if basket declines by 10% or less; exposure to losses beyond 10%
|
| Initial levels: | 1,930.82 for MSCI EAFE, 3,421.47 for Stoxx
|
| Pricing date: | Aug. 31
|
| Settlement date: | Sept. 6
|
| Underwriter: | Morgan Stanley & Co. LLC
|
| Fees: | 0.25%
|
| Cusip: | 61768CPF8
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
