By Wendy Van Sickle
Columbus, Ohio, Jan. 5 – Morgan Stanley Finance LLC priced $3.32 million of 0% trigger jump securities due Jan. 3, 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.
If the index finishes at or above its initial level, the payout at maturity will equal par of $10 plus the greater of the return and the fixed payment percentage of 26.1%.
If the index falls by up to 10%, the payout will be par.
Otherwise, investors will lose 1% for each 1% decline from the initial level.
J.P. Morgan Securities LLC is the agent, with Morgan Stanley Wealth Management as dealer.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Trigger jump securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $3,324,250
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| Maturity: | Jan. 3, 2020
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | If the index finishes at or above its initial level, par plus the greater of the return and 26.1%; par if index falls by up to 10%; otherwise, investors will lose 1% for each 1% decline from the initial level
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| Initial index level: | 3,524.31
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| Trigger value: | 3,171.879, 90% of initial level
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| Pricing date: | Dec. 28
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| Settlement date: | Jan. 3
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| Agent: | J.P. Morgan Securities LLC
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| Dealer: | Morgan Stanley Wealth Management
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| Fees: | 2.5%
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| Cusip: | 61768K760
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