New York, Nov. 30 – Morgan Stanley Finance LLC priced $1.15 million of 0% PLUS due March 5, 2025 linked to the iShares MSCI EAFE ETF, 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 300% of the ETF return subject to a maximum return of par plus 17.5%. Investors will lose 1% for every 1% that it declines.
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: | PLUS
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| Underlying ETF: | iShares MSCI EAFE ETF
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| Amount: | $1.15 million
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| Maturity: | March 5, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If ETF return is positive, par plus 300% of ETF return subject to a maximum return of par plus 17.5%; 1% loss for every 1% that ETF declines
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| Initial level: | $72.33
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| Upside leverage: | 300%
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| Cap: | 17.5%
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| Pricing date: | Nov. 28
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| Settlement date: | Nov. 30
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 2.35%
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| Cusip: | 61775MZJ8
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