By Susanna Moon
Chicago, Oct. 2 – Morgan Stanley Finance LLC priced $2.2 million of 0% trigger Performance Leveraged Upside Securities due Sept. 30, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par of $10 plus 185% of any index gain.
If the index falls by 35% or less, the payout will be par.
If the index finishes below its 65% trigger level, investors will lose 1% for each 1% decline.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Trigger Performance Leveraged Upside Securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $2,196,000
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| Maturity: | Sept. 30, 2022
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 185% of the index return; if index declines by 35% or less, par; otherwise, 1% loss for each1% decline
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| Initial level: | 3,536.38
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| Trigger level: | 2,298.647, 65% of initial level
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| Pricing date: | Sept. 26
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| Settlement date: | Sept. 29
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 4%
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| Cusip: | 61768CPX9
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