Chicago, June 29 – Morgan Stanley Finance LLC priced $250,000 of 0% market-linked securities – leveraged upside participation and contingent downside due June 3, 2033 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 147% of any gain.
Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond the buffer.
Morgan Stanley guaranteed the notes.
Wells Fargo Securities, LLC and Morgan Stanley & Co. LLC are the agents.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Market-linked securities – leveraged upside participation and contingent downside
|
| Underlying index: | S&P 500 index
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| Amount: | $250,000
|
| Maturity: | June 3, 2033
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 147% of any gain; par if index falls by up to 20%; 1% loss for each 1% decline beyond 20%
|
| Initial level: | 4,179.83
|
| Buffer level: | 3,343.864; 80% of initial level
|
| Pricing date: | May 31
|
| Settlement date: | June 5
|
| Agents: | Wells Fargo Securities LLC and Morgan Stanley & Co. LLC
|
| Fees: | 4.37%
|
| Cusip: | 61774XUJ0
|
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