Morgan Stanley DIZ 30.12.25 KION GR Discount-Zertifikat

This discount certificate is linked to KION GROUP AG, the underlying instrument, and has a term ending on December 30, 2025. In contrast to a direct investment in the underlying, the investor receives a discount. In return, however, he only participates in the performance of the underlying up to the cap of EUR 23.00. At the end of the term, redemption will be made in the amount of the price of the underlying, adjusted for the multiplier of 1.00. As a result of the cap, the maximum redemption amount is EUR 23.00 (cap multiplied by the multiplier of 1.00).