INVESTMENT DESCRIPTION
A 6 year Capital Protected Kick Out Plan in conjunction with Morgan Stanley, with a coupon amount of 6.00% per annum. The plan has the potential to mature early (Kick Out) from the first observation date at year 3 and annually thereafter. Kick out trigger at 105% of Initial Index Level on the first observation, reducing to 100% of Initial Index Level for the remaining observations.
CURRENCY GBP
STRIKE DATE 25/10/2022
ISIN GB00BW6SJY87
COUNTERPARTY Morgan Stanley
TYPE Plan
RETURN & BARRIERS
Issuer: Morgan Stanley & Co
Investment Term: Up to 6 years
Payment Rate: 6% per annum
Kick Out Trigger Level: 105% of Initial Index Level at the first kick out observation date reducing to 100% of Initial Index Level for the remaining observations
Capital Protection: 100% Capital Protection barrier at maturity
MATURITY DATE
27/10/2025
FINAL MATURITY DATE
25/10/2028