Published on 6/20/2023 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $962,000 market-linked notes linked to S&P 500
New York, June 20 – Morgan Stanley Finance LLC priced $962,000 of 0% market-linked notes due July 29, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 30.5%. Otherwise investors will receive par.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
|
Guarantor: | Morgan Stanley
|
Issue: | Market-linked notes
|
Underlying index: | S&P 500 index
|
Amount: | $962,000
|
Maturity: | July 29, 2027
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If index return is positive, par plus 30.5%; minimum payout of par
|
Initial level: | 3,921.05
|
Upside payment: | 30.5%
|
Pricing date: | July 26, 2022
|
Settlement date: | July 29, 2022
|
Agent: | Morgan Stanley & Co. LLC
|
Fees: | 4.25%
|
Cusip: | 61774DA23
|
|
|
© 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.