New Issue: Morgan Stanley prices $2.45 million trigger PLUS linked to Euro Stoxx, S&P

By Angela McDaniels

Tacoma, Wash., Sept. 29 – Morgan Stanley priced $2.45 million of 0% trigger Performance Leveraged Upside Securities due Sept. 28, 2018 linked to a basket composed of equal weights of the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par of $10 plus 150% of the basket return. Investors will receive par if the basket declines by 25% or less and will be fully exposed to the basket’s decline from its initial level if it falls by more than 25%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying basket:	Euro Stoxx 50 and S&P 500, equally weighted
Amount:	$2,453,500
Maturity:	Sept. 28, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If basket return is positive, par plus 150% of basket return; par if final basket level is less than or equal to initial level but greater than trigger level; full exposure to basket’s decline from initial level if final level is less than trigger level
Initial index levels:	3,113.16 for Euro Stoxx 50 and 1,931.34 for S&P 500
Trigger level:	75% of initial level
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	61765R511

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