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Published on 12/5/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $4.31 million market-linked participation notes on Nasdaq-100

By William Gullotti

Buffalo, N.Y., Dec. 5 – Morgan Stanley Finance LLC priced $4.31 million of 0% market-linked notes – upside participation to a cap and principal return at maturity due June 4, 2027 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index’s final level is greater than its initial level, payout at maturity will be par plus the index’s return, subject to a maximum payout of par plus 37.6%.

Otherwise, investors will receive par.

Wells Fargo Securities, LLC and Morgan Stanley & Co. LLC are the agents.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Market-linked notes – upside participation to a cap and principal return at maturity
Underlying index:Nasdaq-100 index
Amount:$4,314,000
Maturity:June 4, 2027
Coupon:0%
Price:Par
Payout at maturity:If the index finishes at or above initial level, par plus the return, capped at par plus 37.6%; otherwise, par
Initial level:15,987.6
Pricing date:Nov. 29
Settlement date:Dec. 4
Agents:Wells Fargo Securities LLC and Morgan Stanley & Co. LLC
Fees:2.325%
Cusip:61775MUE4

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