E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/8/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $2.1 million enhanced buffered jump securities linked to S&P 500

New York, June 8 – Morgan Stanley Finance LLC priced $2.1 million of 0% enhanced buffered jump securities due May 31, 2028 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 85% downside threshold, the payout at maturity will be par plus 43%.

Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

The notes are guaranteed by Morgan Stanley.

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 index
Amount:$2,097,000
Maturity:May 31, 2028
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above downside threshold level, par plus 43%; otherwise, 1% loss for every 1% that index declines beyond 15%
Initial level:4,151.28
Downside threshold:3,528.588, 85% of initial level
Buffer:15%
Pricing date:May 25
Settlement date:May 31
Agent:Morgan Stanley & Co. LLC
Fees:3.3%
Cusip:61774XYG2

© 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.