Morgan Stanley plans buffered PLUS due 2020 with cap tied to Stoxx 50

By Susanna Moon

Chicago, Aug. 4 – Morgan Stanley Finance LLC plans to price 0% buffered Performance Leveraged Upside Securities due March 4, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par of $10 plus 200% of any index gain, up to a maximum payment of $13.625 per buffered PLUS.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Aug. 15.

The Cusip number is 61766X475.

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