By Angela McDaniels
Tacoma, Wash., June 6 – Morgan Stanley Finance LLC priced $250,000 of 0% buffered Performance Leveraged Upside Securities due Dec. 3, 2021 linked to the MSCI KLD 400 Social index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The index is a price-return index developed with the goal of tracking the price performance of those companies that exhibit positive environmental, social and governance characteristics, as determined by MSCI.
If the index return is positive, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum return of 17.75%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | MSCI KLD 400 Social index
|
| Amount: | $250,000
|
| Maturity: | Dec. 3, 2021
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If index return is positive, par plus 200% of index return, up to maximum return of 17.75%; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
|
| Initial level: | 1,024.84
|
| Pricing date: | May 31
|
| Settlement date: | June 5
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3%
|
| Cusip: | 61768Y364
|
© 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.
