Morgan Stanley plans buffered digital notes tied to SPDR oil and gas

New York, March 15 – Morgan Stanley Finance LLC plans to price 0% buffered digital notes linked to the SPDR S&P Oil & Gas Exploration & Production exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 13 and 15 months after pricing.

If the index finishes at or above the 90% threshold level, the payout at maturity will be the maximum settlement amount of between $1,140.30 and $1,165.00 per $1,000 principal amount.

Otherwise, investors will lose 1.1111% for each 1% decline beyond 10%.

The exact deal terms will be set at pricing.

Morgan Stanley & Co. LLC is the agent.

The notes are guaranteed by Morgan Stanley.

The Cusip number is 61768CGJ0.

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