E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/7/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $4.42 million market-linked notes on ETF-MAP 2 index

By William Gullotti

Buffalo, N.Y., Feb. 7 – Morgan Stanley Finance LLC priced $4.42 million of 0% market-linked notes due Feb. 5, 2029 linked to the Morgan Stanley ETF-MAP 2 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 140% of any index gain.

If the index falls, the payout will be par.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Market-linked notes
Underlying index:Morgan Stanley ETF-MAP 2 index
Amount:$4,416,500
Maturity:Feb. 5, 2029
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 140% of any index gain; floor of par
Initial level:1,248.17
Pricing date:Jan. 31
Settlement date:Feb. 3
Agent:Morgan Stanley & Co. LLC
Fees:3.5%
Cusip:61773N767

© 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.