Morgan Stanley Index & ETF Reducing Autocall Jul 2024 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 22/07/2024

ISIN XS2846407489

COUNTERPARTY Morgan Stanley

TYPE Note

RETURN & BARRIERS
Maximum Term: 3 years
Investment Structure: Reducing Autocall
Autocall Opportunities: Annual
(First Observation at 12 months)
Autocall Trigger: 90% of initial level, reducing to 80% at Yr 2 and 65% on Yr 3
Coupon Rate: USD: 10.90% Annually
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)

MATURITY DATE
22/07/2026

FINAL MATURITY DATE
29/07/2027