New Issue: Morgan Stanley sells $37.67 million of capped leveraged notes linked to Euro Stoxx 50

By Devika Patel

Knoxville, Tenn., Dec. 26 – Morgan Stanley Finance LLC priced $37.67 million of 0% capped leveraged notes due Jan. 22, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index return is positive, the payout at maturity will be par plus quadruple the index gain, subject to a maximum payment of $1,724 per $1,000 of notes.

Investors will lose 1% for each 1% decline.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Issue:	Capped leveraged notes
Underlying index:	Euro Stoxx 50
Amount:	$37,668,000
Maturity:	Jan. 22, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus quadruple index gain, capped at $1,724; 1% loss for each 1% decline
Initial level:	3,000.06
Pricing date:	Dec. 20
Settlement date:	Dec. 28
Agent:	Morgan Stanley & Co. LLC
Fees:	1.53%
Cusip:	61768DUR4

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