New York, Dec. 20 – Morgan Stanley Finance LLC priced $7.11 million of 0% PLUS due Dec. 20, 2028 linked to the Tokyo Stock Price index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 310% of the index return.
Investors will lose 1% for every 1% that it declines.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | PLUS
|
| Underlying index: | Tokyo Stock Price index
|
| Amount: | $7.11 million
|
| Maturity: | Dec. 20, 2028
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus 310% of index return; otherwise, full exposure to loss
|
| Initial level: | 2,332.28
|
| Upside leverage: | 310%
|
| Pricing date: | Dec. 15
|
| Settlement date: | Dec. 20
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 1.75% including a structuring fee of 0.25%
|
| Cusip: | 61775MZ25
|
|
|
|
|
© 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.
