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Morgan Stanley plans dual directional trigger PLUS tied to S&P 500
New York, April 19 – Morgan Stanley Finance LLC plans to price 0% dual directional trigger Performance Leveraged Upside Securities due April 25, 2028 linked to the S&P 500 index, according to an FWP filed with the Securities and Exchange Commission.
If the index finishes above its initial level, the payout at maturity will be par plus 170.62% of the gain.
If the index falls by up to its 50% trigger level, the payout will be par plus the absolute value of the index return.
Otherwise, investors will be fully exposed to any losses.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
The notes will price on April 20 and settle on April 25.
The Cusip number is 61768CV79.
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