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Published on 12/21/2017 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $770,000 buffered PLUS tied to Euro Stoxx 50

By Tali Rackner

Minneapolis, Dec. 21 – Morgan Stanley Finance LLC priced $770,000 of 0% buffered Performance Leveraged Upside Securities due Dec. 5, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index finishes above its initial level, the payout at maturity will be par plus 1.9 times the return.

Investors will receive par if the index falls by up to 25% and will lose 1% for each 1% decline beyond the buffer, subject to a minimum payment of $250 per buffered PLUS.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Buffered Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$770,000
Maturity:Dec. 5, 2022
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 1.9 times any index gain; if index falls by up 25%, par; otherwise, 1% loss per 1% decline beyond 25%, subject to a minimum payment of $250 per buffered PLUS
Initial level:3,569.93
Buffer level:2,677.448, 75% of initial level
Pricing date:Nov. 30
Settlement date:Dec. 5
Agent:Morgan Stanley & Co. LLC
Fees:1%
Cusip:61768CTE7

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