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Published on 11/4/2016 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $2.1 million of 5.13% buffered securities linked to ETF, index

By Wendy Van Sickle

Columbus, Ohio, Nov. 4 – Morgan Stanley priced $2.1 million of 5.13% fixed income buffered securities due March 7, 2018 linked to the lesser performing of the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless either asset finishes below 77.5% of its initial level, in which case investors will lose 1.29% for every 1% decline in the basket beyond the 22.5% buffer.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley
Issue:Fixed income buffered securities
Underlying assets:Russell 2000 index and iShares MSCI EAFE ETF
Amount:prices $2.1 million
Maturity:March 7, 2018
Coupon:5.13%, payable monthly
Price:Par of $1,000
Payout at maturity:Par unless either asset falls by more than 22.5%, in which case 1.29% loss for each 1% loss beyond 22.5%
Initial asset levels:1,177.943 for index, $57.57 for ETF
Pricing date:Nov. 2
Settlement date:Nov. 7
Agent:Morgan Stanley & Co. LLC
Fees:0.25%
Cusip:61761JZ51

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