New Issue: Morgan Stanley sells $2.69 million buffered PLUS due 2020 tied to Stoxx

By Sarah Lizee

Olympia, Wash., Nov. 5 – Morgan Stanley Finance LLC priced $2.69 million of 0% buffered Performance Leveraged Upside Securities due Nov. 4, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, capped at par plus 39%.

Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond the buffer.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$2,693,060
Maturity:	Nov. 4, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at par plus 39%; if index falls by up to 15%, par; otherwise, 1% loss per 1% decline beyond 15%
Initial level:	3,197.51
Buffer level:	2,717.884, 85% of initial level
Pricing date:	Oct. 31
Settlement date:	Nov. 5
Agent:	Morgan Stanley & Co. LLC
Dealer:	Morgan Stanley Wealth Management
Fees:	2.5%
Cusip:	61768T563

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