By William Gullotti
Buffalo, N.Y., April 20 – Morgan Stanley Finance LLC priced $3.54 million of 0% market-linked notes due April 20, 2028 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.
The payout at maturity will be par plus 1.1 times any index gain, subject to a maximum return of par plus 72.85%.
If the index falls, the payout will be par.
Morgan Stanley & Co. LLC is the agent, with UBS Financial Services Inc. acting as dealer.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Market-linked notes
|
| Underlying index: | S&P 500 index
|
| Amount: | $3,541,000
|
| Maturity: | April 20, 2028
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.1 times any index gain, capped at par plus 72.85%; floor of par
|
| Initial level: | 4,137.64
|
| Pricing date: | April 14
|
| Settlement date: | April 19
|
| Agent: | Morgan Stanley & Co. LLC
|
| Dealer: | UBS Financial Services Inc.
|
| Fees: | None
|
| Cusip: | 61774XMM2
|
|
|
© 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.
