By Marisa Wong
Morgantown, W.Va., May 11 – Morgan Stanley priced $5.8 million of 0% buffered Performance Leveraged Upside Securities due Nov. 5, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus double any gain in the index.
If the index finishes flat or falls by up to 10%, the payout will be par.
If the index falls by more than 10%, investors will lose 1% for every 1% decline beyond 10%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $5,797,000
|
| Maturity: | Nov. 5, 2018
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If index finishes above initial level, par plus double index return; par if index falls by up to 10%; exposure to index declines beyond 10%
|
| Initial index level: | 3,028.21
|
| Pricing date: | April 29
|
| Settlement date: | May 5
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3%
|
| Cusip: | 61766A293
|
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