By Marisa Wong
Morgantown, W.Va., Feb. 9 – Morgan Stanley priced $2.18 million of 0% buffered securities due Feb. 8, 2018 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 101% of the index gain.
If the index falls by up to 25%, the payout will be par.
If the index falls by more than 25%, investors will lose 1.3333% for every 1% decline beyond 25%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Buffered securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $2,175,000
|
| Maturity: | Feb. 8, 2018
|
| Coupon: | 0%
|
| Price: | Par of $1,000
|
| Payout at maturity: | If index return is positive, par plus 101% of gain; par if index falls by up to 25%; 1.3333% loss for every 1% drop beyond 25% buffer
|
| Initial level: | 2,905.30 (index closing level on Feb. 4)
|
| Pricing date: | Feb. 5
|
| Settlement date: | Feb. 10
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 0.25%
|
| Cusip: | 61761JW96
|
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