By Sarah Lizee
Olympia, Wash., Oct. 2 – Morgan Stanley Finance LLC priced $11.3 million of 0% partial principal at risk securities due Oct. 5, 2020 tied to the MSCI Europe 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 122% 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 $9.50 per note.
Morgan Stanley & Co. LLC is the agent with Morgan Stanley Wealth Management handling distribution.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Partial principal at risk securities
|
| Underlying index: | MSCI Europe
|
| Amount: | $11,304,750
|
| Maturity: | Oct. 5, 2020
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 122% of any index gain; if index falls, par plus the index return subject to minimum payout of $9.50 per note
|
| Initial index level: | 129.25
|
| Pricing date: | Sept. 28
|
| Settlement date: | Oct. 3
|
| Agent: | Morgan Stanley & Co. LLC with Morgan Stanley Wealth Management handling distribution
|
| Fees: | 2.5%
|
| Cusip: | 61768T209
|
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