Published on 3/7/2018 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley sells $6.85 million five-year notes on MSCI Europe
By Wendy Van Sickle
Columbus, Ohio, March 7 – Morgan Stanley Finance LLC priced $6.85 million of 0% market-linked notes due March 3, 2023 linked to the MSCI Europe index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par plus 135% of the index return, subject to a minimum payout of par.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Market-linked notes
|
| Underlying index: | MSCI Europe
|
| Amount: | $6,852,840
|
| Maturity: | March 3, 2023
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any 1.35 times index gain; if the index falls, par
|
| Initial level: | 128.02
|
| Pricing date: | Feb. 28
|
| Settlement date: | March 5
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3.5%
|
| Cusip: | 61768M584
|
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