By Marisa Wong
Morgantown, W.Va., Feb. 8 – Morgan Stanley Finance LLC priced $8.29 million of 0% trigger Performance Leveraged Upside Securities due May 10, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 200% of the index gain, subject to a maximum payment of $12.06 per PLUS.
If the index finishes flat or falls by no more than 15%, the payout will be par.
If the index finishes below the 85% trigger level, investors will be fully exposed to the index decline.
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: | $8,291,000
|
| Maturity: | May 10, 2018
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| Coupon: | 0%
|
| Price: | Par of $10.00
|
| Payout at maturity: | Par plus 200% of any index gain, capped at 20.6%; if index finishes flat or falls by no more than 15%, par; if index finishes below trigger level, full exposure to losses
|
| Initial index level: | 3,238.31
|
| Trigger level: | 2,752.564, 85% of initial level
|
| Pricing date: | Feb. 6
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| Settlement date: | Feb. 9
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2.25%
|
| Cusip: | 61766A632
|
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