New Issue: Morgan Stanley prices $7.6 million trigger PLUS linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., March 4 – Morgan Stanley priced $7.6 million of 0% trigger Performance Leveraged Upside Securities due March 4, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus 148% of the gain.

If the index stays flat or falls and finishes at or above the 65% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to the index decline from its initial level.

Morgan Stanley & Co. LLC is the agent with Morgan Stanley Wealth Management as dealer.

Issuer:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$7,601,200
Maturity:	March 4, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than initial index level, par plus 148% of index return; if final index level is less than or equal to initial index level but greater than or equal to trigger level, par; if final index level is less than trigger level, full exposure to decline from initial index level
Initial index level:	3,599.0
Trigger level:	2,339.35, 65% of initial level
Pricing date:	Feb. 27
Settlement date:	March 4
Agent:	Morgan Stanley & Co. LLC with Morgan Stanley Wealth Management as dealer
Fees:	3%
Cusip:	61764V315

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