By Sarah Lizee
Olympia, Wash., Dec. 26 – Morgan Stanley Finance LLC priced $2.22 million of 0% equity-linked partial principal at risk securities due Dec. 24, 2021 tied to the Euro Stoxx 50 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 155% of any index gain.
If the index finishes flat or declines, investors will receive par plus the index return, subject to a minimum payout of $950 per $1,000 note.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Partial principal at risk securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $2,215,000
|
| Maturity: | Dec. 24, 2021
|
| Coupon: | 0%
|
| Price: | Par of $1,000
|
| Payout at maturity: | Par plus 155% of any index gain; if index falls, par plus the index return subject to minimum payout of $950 per note
|
| Initial index level: | 3,000.61
|
| Pricing date: | Dec. 21
|
| Settlement date: | Dec. 27
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2.8%
|
| Cusip: | 61768DSQ9
|
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