By Sarah Lizee
Olympia, Wash., June 19 – Morgan Stanley Finance LLC priced $4.56 million of 0% trigger jump securities due July 6, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing 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 32.25%.
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 with Morgan Stanley Wealth Management as a dealer.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Trigger jump securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $4,564,980
|
| Maturity: | July 6, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index finishes at or above initial level, par plus the greater of the gain and 32.25%; if index falls by up to 10%, par; otherwise, fully exposed to losses
|
| Initial level: | 3,505.02
|
| Trigger level: | 3,154.518, 90% of initial level
|
| Pricing date: | June 15
|
| Settlement date: | June 20
|
| Agent: | Morgan Stanley & Co. LLC
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 2%
|
| Cusip: | 61768Q577
|
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