New Issue: Morgan Stanley prices $6.15 million 7.95% fixed income buffered securities on index, ETF

New York, Jan. 20 – Morgan Stanley Finance LLC priced $6.15 million of fixed income buffered securities due Feb. 23, 2024 linked to the S&P 500 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 7.95%, paid monthly.

If the worst performing asset finishes at or above 80% of initial level, the payout at maturity will be par. Otherwise, investors will lose 1.25% for every 1% that the worst performing asset declines beyond 20%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Fixed income buffered securities
Underlying assets:	S&P 500 index and iShares MSCI EAFE ETF
Amount:	$6.15 million
Maturity:	Feb. 23, 2024
Coupon:	7.95%, paid monthly
Price:	Par
Payout at maturity:	If worst performing asset finishes at or above its buffer, par; otherwise, 1.25% loss for every 1% that worst performing asset declines beyond 20%
Initial levels:	$70.75 for iShares MSCI EAFE ETF, 3,990.97 for S&P 500
Buffer:	20%
Buffer levels:	$56.60 for iShares MSCI EAFE ETF, 3,192.776 for S&P 500, or 80% of initial levels
Strike date:	Jan. 17
Pricing date:	Jan. 18
Settlement date:	Jan. 20
Agent:	Morgan Stanley & Co. LLC
Fees:	0%
Cusip:	61774TQV7

© 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.