Published on 1/2/2018 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley sells $942,000 seven-year notes tied to MAP Trend index
By Marisa Wong
Morgantown, W.Va., Jan. 2 – Morgan Stanley Finance LLC priced $942,000 of 0% market-linked notes due Dec. 27, 2024 linked to the Morgan Stanley MAP Trend 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 310% of the index return, subject to a minimum payout of par.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Market-linked notes
|
| Underlying index: | Morgan Stanley MAP Trend index
|
| Amount: | $942,000
|
| Maturity: | Dec. 27, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 310% times any index gain; if the index falls, par
|
| Initial level: | 223.33
|
| Pricing date: | Dec. 21
|
| Settlement date: | Dec. 27
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 4.25%
|
| Cusip: | 61768CUZ8
|
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