By Sarah Lizee
Olympia, Wash., Jan. 8 – Morgan Stanley Finance LLC priced $1.53 million of 0% Performance Leveraged Upside Securities due Jan. 13, 2025 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.
If the index finishes above its initial level, the payout at maturity will be par plus 199% of the gain.
Investors will be fully exposed to any losses.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | S&P 500
|
| Amount: | $1.53 million
|
| Maturity: | Jan. 13, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index gains, par plus 199% of return; 1% loss per 1% decline
|
| Initial level: | 2,531.94
|
| Pricing date: | Jan. 4
|
| Settlement date: | Jan. 11
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | None
|
| Cusip: | 61768DYA7
|
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