Morgan Stanley plans contingent income autocallable securities linked to SunTrust

By Wendy Van Sickle

Columbus, Ohio, July 8 – Morgan Stanley Finance LLC plans to price contingent income autocallable securities due July 18, 2019 linked to SunTrust Banks, Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If the stock closes at or above the downside threshold level, 75% of its initial price, on a quarterly determination date, the notes will pay a contingent payment of 10.25% for that quarter.

If the stock closes at or above its initial price on any of the quarterly determination dates, the notes will be redeemed at par plus the contingent payment.

If the stock finishes at or above the downside threshold level, the payout at maturity will be par plus the contingent quarterly payment.

Otherwise, investors will be fully exposed to any losses.

The agent is Morgan Stanley & Co. LLC.

The notes will price on July 15.

The Cusip number is 61766B713.

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