New Issue: Morgan Stanley prices $5 million trigger PLUS linked to Euro Stoxx 50

By Susanna Moon

Chicago, June 1 – Morgan Stanley Finance LLC priced $5 million of 0% trigger Performance Leveraged Upside Securities due May 27, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 250% of any index gain capped at a payout of 200% of par.

Investors will receive par if the index falls by up to 30% and will lose 1% for each 1% decline if the index finishes below the 70% trigger level.

The notes are guaranteed by Morgan Stanley.

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:	$5 million
Maturity:	May 27, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index gains, par plus 250% return capped at 200% of par; if index declines by 30% or less, par; otherwise, 1% loss per 1% decline
Initial level:	3,576.53
Trigger level:	2,503.571, 70% of initial level
Pricing date:	May 22
Settlement date:	May 25
Agent:	Morgan Stanley & Co. LLC
Fees:	2.5%
Cusip:	61766W634

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