By Susanna Moon
Chicago, March 15 – Morgan Stanley Finance LLC priced $500,000 of 0% buffered Performance Leveraged Upside Securities due March 4, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.
If the index finishes above its initial level, the payout at maturity will be par plus 165% of the return.
Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline beyond the buffer.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Buffered Performance Leveraged Upside Securities
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| Underlying indexes: | Euro Stoxx 50
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| Amount: | $500,000
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| Maturity: | March 4, 2021
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 165% of any index gain; if index falls by up 20%, par; otherwise, 1% loss per 1% decline beyond 20%
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| Initial level: | 3,438.96
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| Pricing date: | Feb. 28
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| Settlement date: | March 5
|
| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 1%
|
| Cusip: | 61768CZU4
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