By Sarah Lizee
Olympia, Wash., May 21 – Morgan Stanley Finance LLC priced $250,000 of 0% market-linked notes due May 21, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, capped at par plus 30%.
If the index falls, the payout will be par.
The notes will be 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: | Market-linked notes
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Underlying index: | S&P 500 index
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Amount: | $250,000
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Maturity: | May 21, 2027
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain capped at par plus 30%, floor of par
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Initial level: | 2,953.91
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Pricing date: | May 18
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Settlement date: | May 21
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 4.25%
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Cusip: | 61770FX35
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