By Sarah Lizee
Olympia, Wash., Nov. 19 – Morgan Stanley Finance LLC priced $4.22 million of 0% partial principal at risk securities due Dec. 3, 2020 tied to the MSCI Europe index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par of $10 plus 131% of any index gain.
If the index finishes flat or declines, investors will receive par plus the index return, subject to a minimum payout of $9.50 per note.
Morgan Stanley & Co. LLC is the agent with Morgan Stanley Wealth Management handling distribution.
Issuer: | Morgan Stanley Finance LLC
|
Guarantor: | Morgan Stanley
|
Issue: | Partial principal at risk securities
|
Underlying index: | MSCI Europe
|
Amount: | $4,223,880
|
Maturity: | Dec. 3, 2020
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | Par plus 131% of any index gain; if index falls, par plus the index return subject to minimum payout of $9.50 per note
|
Initial index level: | 122.55
|
Pricing date: | Nov. 14
|
Settlement date: | Nov. 19
|
Agent: | Morgan Stanley & Co. LLC with Morgan Stanley Wealth Management handling distribution
|
Fees: | 2.5%
|
Cusip: | 61768T654
|
© 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.