By Susanna Moon
Chicago, April 17 – Morgan Stanley Finance LLC priced $3.3 million of 0% Performance Leveraged Upside Securities due June 13, 2019 linked to the SPDR® S&P® Oil & Gas Exploration & Production ETF, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par plus 1.25 times any fund gain.
Investors will be exposed to any losses.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying fund: | SPDR S&P Oil & Gas Exploration & Production ETF
|
| Amount: | $3.3 million
|
| Maturity: | June 13, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 160% of any index gain; 1% loss per 1% decline
|
| Initial level: | $36.17
|
| Pricing date: | April 10
|
| Settlement date: | April 13
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 0.25%
|
| Cusip: | 61768CU62
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
