New Issue: Morgan Stanley prices $9.69 million trigger PLUS tied to Euro Stoxx

By Marisa Wong

Madison, Wis., Dec. 31 – Morgan Stanley priced $9.69 million of 0% trigger Performance Leveraged Upside Securities due Jan. 4, 2018 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par of $10 plus double the gain, up to a maximum amount of $16.00 per note.

If the index falls by up to the 85% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50 index
Amount:	$9,688,740
Maturity:	Jan. 4, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index finishes above its initial level, par plus double gain, up to a maximum amount of $16.00 per note; if index falls by up to trigger level, par; otherwise, investors will be fully exposed to any losses
Initial index level:	3,135.95
Trigger level:	2,665.558, 85% of initial level
Pricing date:	Dec. 30
Settlement date:	Jan. 5
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	61764M166

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