Published on 11/17/2022 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $250,000 market-linked notes linked to S&P, Nasdaq
By Wendy Van Sickle
Columbus, Ohio, Nov. 17 – Morgan Stanley Finance LLC priced $250,000 of 0% market-linked notes due Nov. 16, 2027 linked to the S&P 500 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.
Otherwise, investors will receive par.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Market-linked notes
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Underlying indexes: | S&P 500 index and Nasdaq-100 index
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Amount: | $250,000
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Maturity: | Nov. 16, 2027
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If return of worst performing index is positive, par plus that index's return; minimum payout of par
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Initial levels: | 11,605.96 for Nasdaq-100, 3,956.37 for S&P 500
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Cap: | 64%
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Pricing date: | Nov. 10
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Settlement date: | Nov. 16
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 0%
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Cusip: | 61774HG51
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