Published on 10/29/2018 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $604,000 market-linked notes tied to index basket
By Susanna Moon
Chicago, Oct. 29 – Morgan Stanley Finance LLC priced $604,000 of 0% market-linked notes due Oct. 20, 2023 linked to a basket consisting of the S&P 500 index and the Euro Stoxx 50 index, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 140% of any basket gain.
If the basket falls, the payout will be par.
Morgan Stanley & Co. LLC is the agent.
The notes are guaranteed by Morgan Stanley.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Market-linked notes
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Underlying indexes: | S&P 500 and Euro Stoxx 50, equally weighted
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Amount: | $604,000
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Maturity: | Oct. 20, 2023
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 140% of any basket gain, floor of par
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Initial levels: | 2,809.21 for S&P and 3,243.08 for Stoxx
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Pricing date: | Oct. 17
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Settlement date: | Oct. 22
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 0.925%
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Cusip: | 61768DHK4
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