By Marisa Wong
Morgantown, W.Va., July 26 – Morgan Stanley Finance LLC priced $669,000 of 0% equity-linked partial principal at risk securities due July 28, 2021 linked to the Euro Stoxx Select Dividend 30 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 of $1,000 plus 235% of any index gain.
If the index finishes flat or declines, investors will receive par plus the index return, subject to a minimum payout of $950 per security.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
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| Issue: | Equity-linked partial principal at risk securities
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| Underlying index: | Euro Stoxx Select Dividend 30 index
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| Amount: | $669,000
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| Maturity: | July 28, 2021
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| Coupon: | 0%
|
| Price: | Par
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| Payout at maturity: | Par plus 2.35 times any index gain; 1% loss for every 1% index decline, up to maximum loss of 5%
|
| Initial index level: | 2,004.62
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| Pricing date: | July 23
|
| Settlement date: | July 26
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 1.5%
|
| Cusip: | 61768C6Z5
|
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