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Published on 12/20/2019 in the Prospect News Structured Products Daily.

Morgan Stanley plans to price buffered PLUS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Dec. 20 – Morgan Stanley Finance LLC plans to price 0% buffered Performance Leveraged Upside Securities due Dec. 30, 2024 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus at least 175% of the index return. The exact leverage factor will be set at pricing.

If the final index level is less than or equal to the initial index level but has decreased from the initial index level by no more than 25%, the payout will be par.

If the final index level has decreased from the initial index level by more than 25%, investors will lose 1% for every 1% decline beyond 25%.

The notes will be guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

The notes will price Dec. 23.

The Cusip number is 61769HV85.


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