By Sarah Lizee
Olympia, Wash., Feb. 13 – Morgan Stanley Finance LLC priced $1 million of 0% market-linked notes due Feb. 5, 2024 linked to a basket consisting of the S&P 500 index and the iShares MSCI EAFE ETF, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 110% of any basket gain, capped at par plus 73%.
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
|
| Guarantor: | Morgan Stanley
|
| Issue: | Market-linked notes
|
| Underlying assets: | S&P 500 and iShares MSCI EAFE ETF, equally weighted
|
| Amount: | $1 million
|
| Maturity: | Feb. 5, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 110% of any basket gain, capped at par plus 73%, floor of par
|
| Initial levels: | 2,704.10 for index and $62.68 for ETF
|
| Pricing date: | Jan. 31
|
| Settlement date: | Feb. 5
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 1.125%
|
| Cusip: | 61768DYB5
|
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