By Marisa Wong
Morgantown, W.Va., March 6 – Morgan Stanley Finance LLC priced $4.93 million of 0% buffered Performance Leveraged Upside Securities due Sept. 5, 2019 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 return, subject to a maximum return of 48.5%.
If the index finishes flat or falls by no more than 10%, the payout will be par.
If the index falls by more than 10%, investors will lose 1% for every 1% decline beyond the 10% buffer.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $4,926,150
|
| Maturity: | Sept. 5, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 200% of any index gain, subject to 48.5% cap; if index finishes flat or falls by no more than 10%, par; if index falls by more than 10%, 1% loss for every 1% decline beyond 10% buffer
|
| Initial index level: | 3,319.61
|
| Pricing date: | Feb. 28
|
| Settlement date: | March 3
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3%
|
| Cusip: | 61766V2420
|
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