Morgan Stanley plans trigger autocallables linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., May 8 – Morgan Stanley Finance LLC plans to price 0% trigger autocallable notes due May 18, 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.

Beginning May 18, 2018, the notes will be automatically called at par of $10 plus 9% per year if the index closes at or above its initial level on any quarterly call observation date.

If the notes are not called and the final index level is greater than or equal to the downside threshold, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the final index level is below the initial level. The downside threshold is expected to be 63% to 70% of the initial level and will be set at pricing.

Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.

The notes will price May 12.

The Cusip number is 61766W485.

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