New Issue: Morgan Stanley prices $250,000 buffered participation securities on indexes

Chicago, Dec. 11 – Morgan Stanley Finance LLC priced $250,000 of 0% buffered participation securities due Dec. 1, 2023 linked to the worst performing of the S&P 500 index, Russell 2000 index and Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the worst performing index is positive, the payout at maturity will be par plus the return of that index subject to a maximum return of par plus 60%. Investors will receive par if the worst performing index declines by 15% or less and will lose 1% for every 1% that the worst performing index declines beyond 15%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered participation securities
Underlying indexes:	S&P 500 index, Russell 2000 index and Nasdaq-100 index
Amount:	$250,000
Maturity:	Dec. 1, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If return of worst performing index is positive, par plus that index's return subject to a maximum return of par plus 60%; par if worst performing index declines by 15% or less; 1% loss for every 1% that worst performing index declines beyond 15%
Initial levels:	11,546.21 for Nasdaq, 1,846.921 for Russell, 3,901.06 for S&P
Buffer levels:	9,814.279 for Nasdaq, 1,569.883 for Russell, 3,315.901 for S&P, 85% of initial levels
Buffer:	15%
Upside leverage:	100%
Cap:	60%
Pricing date:	Oct. 28, 2022
Settlement date:	Nov. 2, 2022
Agent:	Morgan Stanley & Co. LLC
Fees:	0.25%
Cusip:	61774HSZ2

© 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.