New Issue: Morgan Stanley prices $9.86 million buffered PLUS linked to iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., June 7 – Morgan Stanley priced $9.86 million of 0% buffered Performance Leveraged Upside Securities due Dec. 6, 2018 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par of $10 plus double the ETF return, subject to a maximum return of 35.2%. Investors will receive par if the ETF declines by 15% or less and will lose 1.1765% for every 1% that it may decline beyond 15%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying ETF:	iShares MSCI EAFE
Amount:	$9,855,000
Maturity:	Dec. 6, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If ETF return is positive, par plus 200% of ETF return, subject to 35.2% maximum return; par if ETF drops 15% or less; 1.1765% loss for every 1% decline beyond 15%
Initial share price:	$58.71
Pricing date:	June 3
Settlement date:	June 8
Agent:	Morgan Stanley & Co. LLC
Fees:	0.25%
Cusip:	61761J3A5

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