New Issue: Morgan Stanley prices $6.2 million digital notes tied to Euro Stoxx 50

By Devika Patel

Knoxville, Tenn., Dec. 28 – Morgan Stanley Finance LLC priced $6.2 million of 0% digital notes due April 30, 2020 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 greater than or equal to negative 15%, the payout at maturity will be $1,100 per $1,000 of notes. Otherwise, investors will lose 1.1765% for every 1% that the index declines beyond 15%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Digital notes
Underlying index:	Euro Stoxx 50
Amount:	$6.2 million
Maturity:	April 30, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 15%, $1,100 per $1,000 of notes; otherwise, 1.1765% loss for every 1% that index declines beyond 15%
Initial index level:	3,189.25
Threshold level:	2,710.8625, 85% of initial level
Pricing date:	Dec. 4
Settlement date:	Dec. 11
Agent:	Morgan Stanley & Co. LLC
Fees:	1.04%
Cusip:	61768DSS5

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