New Issue: Morgan Stanley sells $2.56 million capped leveraged notes on index basket

By Sarah Lizee

Olympia, Wash., Oct. 23 – Morgan Stanley Finance LLC priced $2.56 million of 0% capped leveraged notes due July 14, 2021 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The basket includes the Euro Stoxx 50 index with a 36% weight, the Tokyo Stock Price index with a 27% weight, the FTSE 100 index with a 19% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 300% of any basket gain, capped at $1,618 per $1,000 principal amount.

Investors will be fully exposed to any decline in the basket.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Capped leveraged notes
Underlying basket:	Euro Stoxx 50 (36% weight), Tokyo Stock Price (27% weight), FTSE 100 (19% weight), Swiss Market (10% weight) and S&P/ASX 200 (8% weight)
Amount:	$2,561,000
Maturity:	July 14, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any basket gain, capped at $1,618 per $1,000 principal amount; full exposure to any decline in basket
Initial levels:	3,579.41 for Stoxx, 1,621.99 for Topix, 7,150.57 for FTSE, 9,965.49 for Swiss and 6,649.684 for S&P/ASX
Pricing date:	Oct. 18
Settlement date:	Oct. 25
Agent:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61769HZH1

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