New Issue: Morgan Stanley prices $121.55 million capped leveraged notes tied to Euro Stoxx 50

By Marisa Wong

Madison, Wis., July 1 – Morgan Stanley priced $121.55 million of 0% capped leveraged notes due Sept. 17, 2019 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 300% of the index return, subject to a maximum settlement amount of $1,750 per $1,000 principal amount of notes. If the index return is negative, investors will be fully exposed to the index’s decline.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Capped leveraged notes
Underlying index:	Euro Stoxx 50 index
Amount:	$121,553,000
Maturity:	Sept. 17, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 300% of any index gain, subject to a maximum settlement amount of $1,750 per $1,000 of notes; full exposure to any index decline
Initial level:	3,621.37
Pricing date:	June 26
Settlement date:	July 6
Agent:	Morgan Stanley & Co. LLC
Fees:	4.4%
Cusip:	61761JZW2

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