New Issue: Morgan Stanley prices $7.41 million leveraged buffered notes on indexes

By Susanna Moon

Chicago, Jan. 10 – Morgan Stanley Finance LLC priced $7.41 million of 0% leveraged buffered notes due March 11, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The basket consists of the Euro Stoxx 50 index with a 37% initial weight, the FTSE 100 index with a 23% initial weight, the Topix index with a 23% initial weight, the Swiss Market index with a 9% initial weight and the S&P/ASX 200 index with an 8% initial weight.

The payout at maturity will be par plus 150% of any basket gain, up to a maximum settlement amount of $1,510 per $1,000 principal amount of notes.

Investors will receive par if the basket falls by 15% or less and will lose 1.1765% for each 1% decline beyond 15%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Leveraged buffered notes
Underlying indexes:	Euro Stoxx 50 (37% initial weight), FTSE 100 (23% initial weight), Tokyo Stock Price (23% initial weight), Swiss Market (9% initial weight) and S&P/ASX 200 (8% initial weight)
Amount:	$7,406,000
Maturity:	March 11, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any basket gain, capped at 51%; par if basket falls by up to 15%; 1.1765% loss for every 1% drop beyond 15%
Initial levels:	3,321.17 for Euro Stoxx, 7,210.05 for FTSE, 1,553.32 for Topix, 8,417.46 for Swiss Market and 5,755.581 for S&P/ASX
Pricing date:	Jan. 6
Settlement date:	Jan. 13
Agent:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61768CDN4

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