New York, June 3 – Morgan Stanley Finance LLC priced $6.71 million of 0% market-linked notes due May 31, 2029 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus the index return, subject to a maximum return of par plus 68%.
Otherwise, investors will receive par.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
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 index: | S&P 500 index
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Amount: | $6,708,000
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Maturity: | May 31, 2029
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus index return capped at 68%; minimum payout of par
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Initial level: | 3,978.73
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Cap: | 68%
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Pricing date: | May 25
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Settlement date: | May 31
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 4.5%
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Cusip: | 61773QZ93
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