By Sarah Lizee
Olympia, Wash., Sept. 12 – Morgan Stanley Finance LLC priced $900,000 of 0% trigger Performance Leveraged Upside Securities due Sept. 12, 2022 linked to the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.
If the index finishes above its initial level, the payout at maturity will be par plus 200% of the gain up to a maximum payout of par plus 43.5%.
If the index falls by up to 30%, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
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: | Trigger Performance Leveraged Upside Securities
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Underlying index: | Russell 2000 index
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Amount: | $900,000
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Maturity: | Sept. 12, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index gains, par plus 200% of the gain up to a maximum payout of par plus 43.5%; if index falls by up to 30%, par; otherwise, 1% loss per 1% decline
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Initial level: | 1,713.18
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Trigger level: | 1,199.226, 70% of initial level
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Pricing date: | Sept. 7
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Settlement date: | Sept. 12
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 2%
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Cusip: | 61768DEH4
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