New Issue: Morgan Stanley sells $1.94 million digital index-linked notes on Stoxx

By Sarah Lizee

Olympia, Wash., Oct. 19 – Morgan Stanley Finance LLC priced $1.94 million of 0% digital index-linked notes due April 16, 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 87.5% threshold level, the payout at maturity will be the maximum settlement amount of $1,130 for each $1,000 principal amount.

Otherwise, investors will lose 1.1429% for each 1% decline beyond 12.5%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the underwriter.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Digital index-linked notes
Underlying index:	Euro Stoxx 50 index
Amount:	$1,938,000
Maturity:	April 16, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes above 87.5% threshold level, $1,130 for each $1,000 principal amount; otherwise, 1.1429% loss for each 1% decline beyond 12.5%
Initial level:	3,243.08
Barrier level:	87.5% of initial level
Pricing date:	Oct. 17
Settlement date:	Oct. 24
Underwriter:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61768DHN8

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