Morgan Stanley plans express performance notes linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., July 7 – Morgan Stanley plans to price 0% express performance securities due July 31, 2025 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus the express index return, with exposure to any losses.

The express index return is equal to (i) the final index level minus the express starting level divided by (ii) the express starting level.

The express starting level will be 74.2% to 76.2% of the initial level and will be set at pricing.

Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.

The notes will price July 29 and settle July 31.

The Cusip number is 61765G606.

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