New Issue: Morgan Stanley prices $8.29 million trigger performance notes linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Oct. 5 – Morgan Stanley priced $8.29 million of 0% trigger performance securities due Sept. 30, 2020 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 of $10 plus 177.5% of the index return.

If the index return is zero or negative and the index’s final level is greater than or equal to the trigger level, 75% of the initial level, the payout will be par.

If the final level is less than the trigger level, investors will be fully exposed to the decline in the index from its initial level.

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

Issuer:	Morgan Stanley
Issue:	Trigger performance securities
Underlying index:	Euro Stoxx 50 index
Amount:	$8,294,390
Maturity:	Sept. 30, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 177.5% of index return; if index return is zero or negative and index’s final level is greater than or equal to trigger level, par; if final level is less than trigger level, full exposure to decline in index from its initial level
Initial index level:	3,039.44
Trigger level:	2,279.58, 75% of initial level
Pricing date:	Sept. 28
Settlement date:	Sept. 30
Agent:	Morgan Stanley & Co. LLC
Dealer:	UBS Financial Services Inc.
Fees:	3.5%
Cusip:	61765R305

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