By Kiku Steinfeld
Chicago, Oct. 27 – Morgan Stanley Finance LLC priced $3 million of 0% gears due Oct. 20, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index return is greater than zero, the payout at maturity will be par of $10 plus 1.3855 times the return. Investors will be fully exposed to any loss of the index.
Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as placement agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Gears
|
| Underlying index: | S&P 500 index
|
| Amount: | $3 million
|
| Maturity: | Oct. 20, 2026
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If index return is greater than zero, par plus 1.3855 times return; full exposure to any index decline
|
| Initial level: | 4,471.37
|
| Pricing date: | Oct. 15
|
| Settlement date: | Oct. 20
|
| Agent: | Morgan Stanley & Co. LLC
|
| Placement agent: | UBS Financial Services Inc.
|
| Fees: | 0%
|
| Cusip: | 61773G325
|
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