New York, March 3 – Morgan Stanley Finance LLC priced $10 million of 0% accelerated return securities due Feb. 27, 2032 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the return of the index is positive, the payout at maturity will be par plus 150% of the index return. Investors will lose 1% for every 1% that the index declines.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Accelerated return securities
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Underlying index: | S&P 500 index
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Amount: | $10 million
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Maturity: | Feb. 27, 2032
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus 150% of index return; 1% loss for every 1% that index declines
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Initial level: | 4,288.70
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Upside leverage: | 150%
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Cap: | None
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Pricing date: | Feb. 25
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Settlement date: | March 1
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 1%
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Cusip: | 61773QGS2
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