New Issue: Morgan Stanley prices $4.25 million 5.11% buffered notes linked to Russell, EAFE ETF

By Angela McDaniels

Tacoma, Wash., June 12 – Morgan Stanley priced $4.25 million of 5.11% fixed-income buffered securities due Nov. 13, 2018 linked to the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 with the Securities and Exchange Commission.

Interest is payable monthly.

If the final level of each underlier is greater than or equal to 80% of its initial level, the payout at maturity will be par. Otherwise, investors will lose 1.25% for every 1% that the lesser-performing underlier declines beyond 20%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Fixed-income buffered securities
Underliers:	Russell 2000 index and iShares MSCI EAFE ETF
Amount:	$4.25 million
Maturity:	Nov. 13, 2018
Coupon:	5.11%, payable monthly
Price:	Par
Payout at maturity:	If return of each underlier is negative 20% or greater, par; otherwise, 1.25% loss for every 1% that lesser-performing underlier declines beyond 20%
Initial levels:	1,396.674 for index and $66.68 for ETF
Pricing date:	June 8
Settlement date:	June 13
Agent:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61761J4B2

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