By Marisa Wong
Morgantown, W.Va., Feb. 16 – Morgan Stanley Finance LLC priced $1 million of 0% return enhanced notes due Aug. 8, 2019 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 2.475 times the index gain. Investors will be fully exposed to any index decline.
Morgan Stanley & Co. LLC is the agent with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Return enhanced notes
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Underlying index: | Euro Stoxx 50
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Amount: | $1 million
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Maturity: | Aug. 8, 2019
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 2.475 times any index gain; full exposure to losses
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Initial level: | 3,478.77 (index closing level on Feb. 5)
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Final level: | Average of closing levels on five averaging dates ending Aug. 5, 2019
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Pricing date: | Feb. 6
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Settlement date: | Feb. 9
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Agents: | Morgan Stanley & Co. LLC and JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as placement agents
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Fees: | 0.77%
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Cusip: | 61768CB71
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