By Wendy Van Sickle
Columbus, Ohio, June 13 – Morgan Stanley Finance LLC priced $4.15 million of 0% dual directional trigger Performance Leveraged Upside Securities due June 14, 2024 linked to the lesser performing of the MSCI EAFE index and the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If each index finishes above its initial level, the payout at maturity will be par plus 200% of the return of the lesser-performing index.
If either index finishes at or below its initial level but each index finishes at or above its trigger level, 60% of its initial level, the payout will be par plus the absolute value of the return of the lesser-performing index.
If either index finishes below its trigger level, investors will lose 1% for every 1% that the lesser-performing index declines from its initial level.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Dual directional trigger Performance Leveraged Upside Securities
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| Underlying indexes: | MSCI EAFE and Euro Stoxx 50
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| Amount: | $4,145,000
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| Maturity: | June 14, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If each index finishes above initial level, par plus 200% of return of lesser-performing index; if either index finishes at or below initial level but each index finishes at or above trigger level, par plus absolute value of return of lesser-performing index; if either index finishes below trigger level, 1% loss for every 1% that lesser-performing index declines from initial level
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| Initial index levels: | 1,875.62 for EAFE and 3,378.38 for Euro Stoxx 50
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| Trigger level: | 1,125.372 for EAFE and 2,027.028 for Euro Stoxx 50; 60% of initial levels
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| Pricing date: | June 7
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| Settlement date: | June 14
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 3%
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| Cusip: | 61769HGT6
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