By Jennifer Chiou
New York, Sept. 30 – Morgan Stanley priced $2,586,950 of 0% trigger performance securities due Sept. 30, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 with the Securities and Exchange Commission.
If the fund return is positive, the payout at maturity will be par of $10 plus 1.4035 times the fund return.
Investors will receive par if the fund falls by 25% or less and will be fully exposed to losses from the initial level if it falls by more than 25%.
Morgan Stanley & Co. LLC is the agent, and UBS Financial Services Inc. is the dealer.
| Issuer: | Morgan Stanley
|
| Issue: | Trigger performance securities
|
| Underlying fund: | iShares MSCI EAFE
|
| Amount: | $2,586,950
|
| Maturity: | Sept. 30, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 1.4035 times any fund gain; par if fund falls by 25% or less; full exposure to losses if fund finishes below trigger level
|
| Initial share price: | $64.50
|
| Trigger price: | $48.38, 75% of initial level
|
| Pricing date: | Sept. 25
|
| Settlement date: | Sept. 30
|
| Agent: | Morgan Stanley & Co. LLC
|
| Dealer: | UBS Financial Services Inc.
|
| Fees: | 3.5%
|
| Cusip: | 61758S682
|
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