New Issue: Morgan Stanley sells $250,000 market-linked contingent income notes on stocks

Chicago, April 26 – Morgan Stanley Finance LLC priced $250,000 of market-linked contingent income notes due June 1, 2027 linked to the stock performance of Amazon.com, Inc., Apple Inc. and Alphabet Inc., according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The notes will pay contingent income at a rate of 5.25% per year if each stock closes at or above its initial level on the corresponding annual observation date. If any stock closes below its initial level on the observation date, investors will instead receive a coupon equivalent to a 1% annualized rate.

The payout at maturity will be par plus the relevant coupon.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Issue:	Market-linked contingent income notes
Guarantor:	Morgan Stanley
Underlying stocks:	Amazon.com, Inc., Apple Inc. and Alphabet Inc.
Amount:	$250,000
Maturity:	June 1, 2027
Coupon:	5.25% annual rate, paid annually if each stock closes at or above its initial level on the relevant review date; if any stock closes below its initial level on the the review date, the coupon will be paid at a rate of 1% per year
Price:	Par
Payout at maturity:	Par plus the relevant coupon
Initial levels:	$2,135.50 for Amazon, $140.52 for Apple, $2,116.79 for Alphabet
Pricing date:	May 25, 2022
Settlement date:	May 31, 2022
Agent:	Morgan Stanley & Co. LLC
Fees:	3.75%
Cusip:	61774DAW7

© 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.