By Susanna Moon
Chicago, Nov. 28 – Morgan Stanley Finance LLC priced $2.21 million of 0% trigger Performance Leveraged Upside Securities due March 5, 2019 linked to the Euro Stoxx Banks index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par of $10 plus double any index gain, up to a maximum of $12.10 per PLUS.
If the index falls by up to its 80% trigger level, the payout will be par.
Otherwise, investors will be exposed to any losses.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Trigger Performance Leveraged Upside Securities
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| Underlying index: | Euro Stoxx Banks
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| Amount: | $2,212,880
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| Maturity: | March 5, 2019
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 200% of any index gain, capped at 21%; if index falls by up to 20%, par; otherwise, 1% loss per 1% decline
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| Initial level: | 130.87
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| Trigger level: | 104.696, 80% of initial level
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| Pricing date: | Nov. 17
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| Settlement date: | Nov. 22
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 1.75%
|
| Cusip: | 61768J888
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