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Published on 5/18/2016 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $2.14 million PLUS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., May 18 – Morgan Stanley priced $2.14 million of 0% Performance Leveraged Upside Securities due Sept. 6, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 24.15%. If the index return is negative, investors will be fully exposed to the decline.

HSBC Securities (USA) Inc. is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:Morgan Stanley
Issue:Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$2,141,460
Maturity:Sept. 6, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, subject to 24.15% maximum return; if index declines, full exposure to decline
Initial level:2,956.63
Pricing date:May 13
Settlement date:May 18
Agent:Morgan Stanley & Co. LLC
Fees:2.25%
Cusip:61766A335

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