Morgan Stanley Capital Protected US & UK Defensive Kick Out Plan

INVESTMENT DESCRIPTION

A 6 year Capital Protected Kick Out Plan in conjunction with Morgan Stanley, with a coupon amount of 8.00% 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% thereafter.

CURRENCY GBP

STRIKE DATE 21/02/2023

ISIN GB00BG647W80

COUNTERPARTY Morgan Stanley & Co International Plc

TYPE Plan

RETURN & BARRIERS
Issuer:Morgan Stanley & Co International Plc
Investment Term: Up to 6 years
Payment Rate: 8.00% per annum
Kick Out Trigger Level: 100% of Initial Index Levels at the first kick out observation date reducing to 95% thereafter.
Capital Protection: 100% Capital Protection barrier at maturity

MATURITY DATE
21/02/2029

FINAL MATURITY DATE
21/02/2029