Published on 4/22/2022 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $1.01 million enhanced trigger jump securities linked to indexes
New York, April 22 – Morgan Stanley Finance LLC priced $1.01 million of 0% enhanced trigger jump securities due April 24, 2023 linked to the Nasdaq-100 index, Russell 2000 index and Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing index gains or ends above the downside threshold the payout at maturity will be par plus 12.05%. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the downside threshold level.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Enhanced trigger jump securities
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Underlying indexes: | Nasdaq-100 index, Russell 2000 index and Dow Jones industrial average
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Amount: | $1,014,000
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Maturity: | April 24, 2023
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If worst performing index finishes at or above downside threshold level, par plus 12.05%; 1% loss for every 1% that worst performing index declines if it finishes below downside threshold level
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Initial level: | 34,411.69 for Dow Jones industrial average, 13,910.76 for Nasdaq-100 index, 1,990.134 for Russell 2000 index
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Upside payment: | 12.05%
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Downside threshold: | 25,808.768 for Dow Jones industrial average, 10,433.07 for Nasdaq-100 index, 1,492.601 for Russell 2000 index, 75% of initial level
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Pricing date: | April 18
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Settlement date: | April 21
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 0.6%
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Cusip: | 61773QL49
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