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Published on 8/30/2021 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $10.49 million leveraged buffered index-linked notes on MSCI EAFE

By Taylor Fox

New York, Aug. 30 – Morgan Stanley Finance LLC priced $10.49 million of 0% leveraged buffered index-linked notes due July 12, 2022 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, par plus 1.3 times the index gain, capped at $1,208 per each $1,000 of notes.

If the index return is flat or falls by up to 10%, investors will receive par. Investors will lose 1.1111% for every 1% decline beyond 10%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Leveraged buffered index-linked notes
Underlying index:MSCI EAFE index
Amount:$10,489,000
Maturity:July 12, 2022
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 1.3 times the index gain, capped at $1,208 per each $1,000 of notes; if index return is flat or falls by up to 10%, par; 1.1111% loss for every 1% decline beyond 10%
Initial Index level:2,217.81
Buffer level:1,996.029, 90% of initial level
Pricing date:Feb. 24
Settlement date:March 3
Agent:Morgan Stanley & Co. LLC
Fees:None
Cusip:61771VAS9

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