New Issue: Morgan Stanley sells $300,000 market-linked notes tied to S&P, Stoxx basket

By Sarah Lizee

Olympia, Wash., July 8 – Morgan Stanley Finance LLC priced $300,000 of 0% market-linked notes due July 3, 2024 linked to an equally weighted basket composed of the S&P 500 index and the Euro Stoxx 50, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par plus 1.1 times any basket gain. If the basket finishes flat or falls, the payout will be par.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Market-linked notes
Underlying basket:	S&P 500 index and Euro Stoxx 50 index, equally weighted
Amount:	$300,000
Maturity:	July 3, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.1 times any basket gain; par if basket finishes flat or falls
Initial levels:	2,941.76 for S&P, 3,473.69 for Stoxx
Pricing date:	June 82
Settlement date:	July 3
Agent:	Morgan Stanley & Co. LLC
Fees:	0.25%
Cusip:	61769HFS9

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