Morgan Stanley FTSE & Europe Defensive Autocall Plan

INVESTMENT DESCRIPTION

A 7 year Defensive Autocall Plan in conjunction with Morgan Stanley. This plan has the potential 8.00% per annum (from 24 months) if the product Autocalls. If the investment does not autocall, and the Underlying Indices are at or above the Capital Protection Barrier on the Final Observation Date, full capital is returned.

CURRENCY GBP

STRIKE DATE 29/07/2022

ISIN XS2477018423

COUNTERPARTY Morgan Stanley

TYPE Note

RETURN & BARRIERS
Maximum Term: 7 years
Investment Structure: Classic Autocall
Income Rate: GBP = 8% p.a.
Autocall Opportunities: Annually (First Observation at 24 months)
Autocall Trigger: 100% of initial level (Reducing by 5% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 65% Final level (European style)

MATURITY DATE
30/07/2029