By Angela McDaniels
Tacoma, Wash., July 1 – Morgan Stanley Finance LLC priced $250,000 of 0% dual directional market-linked notes due June 28, 2024 linked to the Morgan Stanley MAP Trend index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than the initial index level, the payout at maturity will be par plus 140% of the index return.
If the final index level is less than the initial index level, the payout will be par plus 50% of the absolute value of the index return.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Dual directional market-linked notes
|
| Underlying index: | Morgan Stanley MAP Trend
|
| Amount: | $250,000
|
| Maturity: | June 28, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final index level is greater than initial index level, par plus 140% of index return; if final index level is less than initial index level, par plus 50% of absolute value of index return
|
| Initial level: | 226.34
|
| Pricing date: | June 25
|
| Settlement date: | June 28
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 4.25%
|
| Cusip: | 61769HET8
|
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