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Published on 1/15/2019 in the Prospect News Structured Products Daily.

Morgan Stanley plans two-year buffered jump notes tied to S&P 500

By Susanna Moon

Chicago, Jan. 15 – Morgan Stanley Finance LLC plans to price 0% buffered jump securities due Jan. 22, 2021 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index finishes at or above its initial level, the payout at maturity will be par plus the upside return of 21.02%.

If the index falls by up to its 90% downside threshold, the payout will be par.

Otherwise, investors will lose 1% per 1% decline beyond 10%.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Jan. 18.

The Cusip number is 61768DZK4.


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