New Issue: Morgan Stanley prices $16.38 million trigger PLUS linked to Euro Stoxx 50

By Susanna Moon

Chicago, Aug. 6 – Morgan Stanley priced $16.38 million of 0% trigger Performance Leveraged Upside Securities due Aug. 7, 2020 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 185% of any index gain.

Investors will receive par if the index falls by 40% or less and will be fully exposed to any losses if the index finishes below the 60% trigger level.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$16,382,500
Maturity:	Aug. 7, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 185% of any index gain; par if index falls by 40% or less; otherwise, full exposure to any losses
Initial index level:	3,070.46
Trigger level:	1,842.276, 60% of the initial level
Pricing date:	Aug. 4
Settlement date:	Aug. 7
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	61758S286

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