New Issue: Morgan Stanley prices $2.93 million trigger PLUS linked to Euro Stoxx

By Devika Patel

Knoxville, Tenn., Dec. 5 – Morgan Stanley Finance LLC priced $2.93 million of 0% trigger Performance Leveraged Upside Securities due Dec. 5, 2022 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index return is positive, the payout at maturity will be par of $10 plus 215% of the index return. Investors will receive par if the index declines by 35% or less and will lose 1% for each 1% decline from the initial index level if it falls by more than 35%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index: Euro Stoxx 50
Amount:	$2,928,520
Maturity:	Dec. 5, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 215% of index return; par if final index level is less than or equal to initial level but greater than trigger level; 1% loss for each 1% decline from initial level if final level is less than trigger level
Initial index level: 3,051.61
Trigger level:	1,983.547, 65% of the initial price
Pricing date:	Nov. 30
Settlement date:	Dec. 5
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	61766F474

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