By Wendy Van Sickle
Columbus, Ohio, March 20 – Morgan Stanley Finance LLC priced $3.83 million of 0% trigger jump securities due April 3, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus the greater of the gain and 31.7%.
If the index falls by up to 10%, the payout will be par.
If the index finishes below its 90% downside threshold, investors will be fully exposed to any losses.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Trigger jump securities
|
| Underlying indexes: | Euro Stoxx 50
|
| Amount: | $3,832,530
|
| Maturity: | April 3, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index gains, par plus greater of return and 31.7%; if index falls by up to 10%, par; otherwise, 1% loss for each 1% decline
|
| Initial level: | 3,437.4
|
| Trigger level: | 3,093.66, 90% of initial level
|
| Pricing date: | March 16
|
| Settlement date: | March 21
|
| Agent: | Morgan Stanley & Co. LLC
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 2.5%
|
| Cusip: | 61768P165
|
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