Morgan Stanley to price buffered PLUS due 2023 on Euro Stoxx 50 index

By Devika Patel

Knoxville, Tenn., July 2 – Morgan Stanley Finance LLC plans to price 0% buffered Performance Leveraged Upside Securities due Feb. 3, 2023 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, subject to a maximum payout of $12.08 per $10 of notes.

Investors will receive par if the index declines by up to 10% and will lose 1% for each 1% decline in the index beyond 10%.

Morgan Stanley & Co. LLC is the agent, with Morgan Stanley Wealth Management handling distribution.

The notes (Cusip: 61771C508) will price on July 17 and settle on July 22.

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