New Issue: Morgan Stanley sells $665,000 accelerated return securities on Euro Stoxx

By Wendy Van Sickle

Columbus, Ohio, Sept. 29 – Morgan Stanley Finance LLC priced $665,000 of 0% accelerated return securities due March 31, 2021 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 index return is positive, the payout at maturity will be par plus 181% of the index return. Investors will receive par if the index falls by 25% or less and will be fully exposed to the index’s decline from its initial level if it falls by more than 25.5%.

Morgan Stanley & Co. LLC is the agent with Morgan Stanley Wealth Management as dealer.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Accelerated return securities
Underlying index:	Euro Stoxx 50
Amount:	$665,000
Maturity:	March 31, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 181% of index return; par if index falls by 25% or less; full exposure to index’s decline from initial level if it falls by more than 25%
Initial level:	3,536.38
Trigger level:	2,652.285, 75% of initial level
Pricing date:	Sept. 26
Settlement date:	Sept. 29
Agent:	Morgan Stanley & Co. LLC
Fees:	2.75%
Cusip:	61768CQH3

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