By Sarah Lizee
Olympia, Wash., Dec. 26 – Morgan Stanley Finance LLC priced $2.22 million of 0% equity-linked partial principal at risk securities due Dec. 24, 2021 tied to the Euro Stoxx 50 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 155% 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 $950 per $1,000 note.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Partial principal at risk securities
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Underlying index: | Euro Stoxx 50
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Amount: | $2,215,000
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Maturity: | Dec. 24, 2021
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Coupon: | 0%
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Price: | Par of $1,000
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Payout at maturity: | Par plus 155% of any index gain; if index falls, par plus the index return subject to minimum payout of $950 per note
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Initial index level: | 3,000.61
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Pricing date: | Dec. 21
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Settlement date: | Dec. 27
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 2.8%
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Cusip: | 61768DSQ9
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