New Issue: Morgan Stanley prices $2.3 million Buffered PLUS tied to indexes, fund

By Marisa Wong

Madison, Wis., Feb. 20 - Morgan Stanley priced $2.3 million of 0% Buffered Performance Leveraged Upside Securities due Aug. 20, 2018 linked to a basket of three indexes and one exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Dow Jones Industrial Average with a 30% weight, the Euro Stoxx 50 index with a 30% weight, the Russell 2000 index with a 20% weight and the iShares MSCI Emerging Markets ETF with a 20% weight.

The payout at maturity will be par plus 1.15 times any basket gain.

Investors will receive par if the basket falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

Morgan Stanley & Co. LLC is the underwriter.

Issuer:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying basket:	Dow Jones Industrial Average (30% weight), Euro Stoxx 50 index (30% weight), Russell 2000 index (20% weight) and iShares MSCI Emerging Markets ETF (20% weight)
Amount:	$2,299,000
Maturity:	Aug. 20, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 115% of any basket gain; par if basket falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial levels:	16,154.39 for the Dow, 3,119.06 for Euro Stoxx, 1,149.21 for Russell and $39.66 for EM fund
Pricing date:	Feb. 14
Settlement date:	Feb. 20
Underwriters:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	61760S399

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