E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/3/2020 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $1.66 million market-linked notes tied to Stoxx Global

By Sarah Lizee

Olympia, Wash., Feb. 3 – Morgan Stanley Finance LLC priced $1.66 million of 0% market-linked notes due Feb. 1, 2024 linked to the Stoxx Global Select Dividend 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.1 times any index gain.

If the index falls, the payout will be par.

The notes will be guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Market-linked notes
Underlying index:Stoxx Global Select Dividend 100 index
Amount:$1.66 million
Maturity:Feb. 1, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.1 times any index gain, floor of par
Initial level:2,992.05
Pricing date:Jan. 27
Settlement date:Jan. 30
Agent:Morgan Stanley & Co. LLC
Fees:2.5%
Cusip:61770FCS3

© 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.