By Susanna Moon
Chicago, Feb. 3 - Morgan Stanley priced $2 million of 0% currency-linked partial principal at risk securities due Feb. 4, 2019 linked to a basket of four equally weighted currencies relative to the U.S. dollar, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying currencies are the Australian dollar, Canadian dollar, Singapore dollar and Swiss franc.
The payout at maturity will be par plus 205% of any basket gain.
If the basket falls, the payout will be par plus the return, with a minimum payout of 90% of par.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Currency-linked partial principal at risk securities
|
| Underlying basket: | Australian dollar, Canadian dollar, Singapore dollar and Swiss franc, equally weighted against U.S. dollar
|
| Amount: | $2 million
|
| Maturity: | Feb. 4, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 205% of any basket gain, floor of 90% of par
|
| Pricing date: | Jan. 30
|
| Settlement date: | Feb. 4
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3%
|
| Cusip: | 61746BDP8
|
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