New Issue: Morgan Stanley sells $575,000 accelerated return notes on Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Aug. 1 – Morgan Stanley Finance LLC priced $575,000 of 0% accelerated return securities due Feb. 3, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par plus 146.2% of any gain in the index.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% trigger level.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Accelerated return securities
Underlying index:	Euro Stoxx 50 index
Amount:	$575,000
Maturity:	Feb. 3, 2020
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 146.2% of any index gain; par if index falls by up to 25%; full exposure to any losses if index finishes below trigger level
Initial level:	2,978.90
Trigger level:	2,234.175, 75% of initial level
Pricing date:	July 26
Settlement date:	July 29
Agent:	Morgan Stanley & Co. LLC
Fees:	2.75%
Cusip:	61766BBK6

© 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.