Published on 7/31/2017 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $1 million notes linked to three indexes
By Angela McDaniels
Tacoma, Wash., July 31 – Morgan Stanley Finance LLC priced $1 million of 0% market-linked notes due Feb. 1, 2022 linked to an equally weighted basket comprised of the S&P 500 index, the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par plus the basket return, subject to a minimum payout of par and a maximum payout of 130% of par.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Market-linked notes
|
| Underlying indexes: | S&P 500, Euro Stoxx 50 and Russell 2000, equally weighted
|
| Amount: | $1 million
|
| Maturity: | Feb. 1, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus basket return, subject to minimum return of zero and maximum return of 30%
|
| Initial index levels: | 2,475.42 for S&P 500, 3,493.14 for Euro Stoxx 50 and 1,433.624 for Russell 2000
|
| Pricing date: | July 27
|
| Settlement date: | Aug. 1
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 1.5%
|
| Cusip: | 61768CNB9
|
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