By Wendy Van Sickle
Columbus, Ohio, Dec. 19 – Morgan Stanley Finance LLC priced $1 million of 0% buffered Performance Leveraged Upside Securities due June 17, 2021 linked to a basket of the Russell 2000 index with an 80% weight and the Euro Stoxx 50 index with a 20% weight, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par plus 109% of any basket gain.
If the basket finishes flat or falls by up to 15%, the payout will be par.
Otherwise, investors will lose 1% for every 1% decline beyond 15%.
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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| Basket components: | Russell 2000 index (80% weight) and Euro Stoxx 50 index (20% weight)
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| Amount: | $1 million
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| Maturity: | June 17, 2021
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 109% of any basket gain; if basket falls by up to 15%, par; otherwise, 1% loss per 1% decline beyond 15%
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| Initial levels: | 1,410.813 for Russell, 3,092.60 for Stoxx
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| Pricing date: | Dec. 14
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| Settlement date: | Dec. 19
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 0.25%
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| Cusip: | 61768DTU9
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