New Issue: Morgan Stanley prices $1.23 million trigger PLUS tied to Euro Stoxx 50

By Susanna Moon

Chicago, Aug. 3 – Morgan Stanley Finance LLC priced $1.23 million of 0% trigger Performance Leveraged Upside Securities due July 29, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 180% of any index gain.

Investors will receive par if the index falls by up to 35% and will be fully exposed to any losses if the index finishes below the 65% 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 index
Amount:	$1,226,000
Maturity:	July 29, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 180% of any index gain; par if index falls by up to 35%; Otherwise, 1% loss per 1% decline
Initial index level:	3,491.19
Trigger level:	2,269.274, 65% of initial level
Pricing date:	July 26
Settlement date:	July 31
Agent:	Morgan Stanley & Co. LLC
Fees:	4%
Cusip:	61768CMB0

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