INVESTMENT DESCRIPTION
A 6 year Capital Protected Kick Out Plan in conjunction with Morgan Stanley, with a coupon amount of 9.45% per annum. The plan has the potential to mature early (Kick Out) from the first observation date at year 4 and annually thereafter. Kick out trigger at 100% of Initial Index Levels on the first observation reducing to 95% & 90% thereafter.
CURRENCY GBP
STRIKE DATE 19/12/2022
ISIN GB00BW6SKQ76
COUNTERPARTY Morgan Stanley
TYPE Plan
RETURN & BARRIERS
Issuer: Morgan Stanley
Investment Term: Up to 6 years
Payment Rate: 9.45% per annum
Kick Out Trigger Level: 100% of Initial Index Levels starting at 48 months
Capital Protection: 100% Capital Protection barrier at maturit
MATURITY DATE
21/12/2026
FINAL MATURITY DATE
19/12/2028