New Issue: Morgan Stanley sells $633,000 enhanced buffered jump notes on S&P

By Sarah Lizee

Olympia, Wash., April 20 – Morgan Stanley Finance LLC priced $633,000 of 0% enhanced buffered jump securities due April 19, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index finishes at or above its 90% downside threshold, the payout at maturity will be par plus 12.25%.

Otherwise, investors will lose 1% for every 1% decline beyond 10%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced buffered jump securities
Underlying index:	S&P 500
Amount:	$633,000
Maturity:	April 19, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above downside threshold, par plus 12.25%; otherwise, 1% loss for every 1% decline beyond 10%
Initial level:	2,761.63
Downside threshold:	2,485.467, 90% of initial level
Pricing date:	April 13
Settlement date:	April 16
Agent:	Morgan Stanley & Co. LLC
Fees:	2.8%
Cusip:	61770FA30

© 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.