New Issue: Morgan Stanley prices $500,000 trigger PLUS tied to Euro Stoxx 50

By Jennifer Chiou

New York, Oct. 31 – Morgan Stanley priced $500,000 of 0% trigger Performance Leveraged Upside Securities due Oct. 31, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return.

Investors will receive par if the index declines by up to 50% and will be fully exposed to the index’s decline from its initial level if it falls more than 50%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$500,000
Maturity:	Oct. 31, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of index return; par if final index level is less than or equal to initial level but greater than trigger level; full exposure to index’s decline from initial level if final level is less than trigger level
Initial index level:	3,036.15
Trigger level:	1,518.075, 50% of the initial price
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	61761JTT6

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