Published on 5/8/2018 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley sells $500,000 market-linked notes on index basket
By Wendy Van Sickle
Columbus, Ohio, May 8 – Morgan Stanley Finance LLC priced $500,000 of 0% market-linked notes due Oct. 29, 2021 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The basket contains the Euro Stoxx 50 index with a 33.333% weight, the FTSE 100 index with a 33.333% weight and the Swiss Market index with a 33.333% weight.
The payout at maturity will be par plus 110% of any basket gain. If the basket falls, the payout will be par.
Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.
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 basket: | Euro Stoxx 50 index (33.333% weight), FTSE 100 index (33.333% weight) and Swiss Market index (33.333% weight)
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Amount: | $500,000
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Maturity: | Oct. 29, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If basket return is positive, par plus 1.1 times the gain; otherwise, par
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Initial index levels: | 3,506.03 for Stoxx, 7,421.43 for FTSE, 8,835.03 for Swiss Market
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Pricing date: | April 26
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Settlement date: | April 30
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Agent: | Morgan Stanley & Co. LLC
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Dealer: | UBS Financial Services Inc.
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Fees: | 3.95%
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Cusip: | 61768CW94
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