By Susanna Moon
Chicago, Oct. 16 – Morgan Stanley Finance LLC priced $1.29 million of 0% trigger Performance Leveraged Upside Securities due Oct. 8, 2025 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par of $10 plus 164.21% of any index gain.
If the index falls by 50% or less, the payout will be par.
If the index finishes below its 50% trigger level, investors will lose 1% for each 1% decline.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Trigger Performance Leveraged Upside Securities
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Underlying index: | S&P 500
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Amount: | $1,292,000
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Maturity: | Oct. 8, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 164.21% of the index return; if index declines by 50% or less, par; otherwise, 1% loss for each1% decline
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Initial level: | 2,534.58
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Trigger level: | 1,267.29, 50% of initial level
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Pricing date: | Oct. 3
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Settlement date: | Oct. 6
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Agent: | Morgan Stanley & Co. LLC
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Fees: | None
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Cusip: | 61768CRU3
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