New Issue: Morgan Stanley prices $5.37 million capped leveraged notes on index basket

By Sarah Lizee

Olympia, Wash., Oct. 5 – Morgan Stanley Finance LLC priced $5.37 million of 0% capped leveraged notes due April 6, 2020 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 consists of the Euro Stoxx 50 index with a 36% weight, the Tokyo Stock Price index with a 27% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus 400% of the basket return, subject to a maximum settlement amount of $1,304 for each $1,000 principal amount of notes.

Investors will be exposed to any losses.

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 (20% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$5.37 million
Maturity:	April 6, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 400% of any basket gain, capped at $1,304 per $1,000 principal amount; exposure to losses
Initial levels:	3,388.99 for Stoxx, 1,824.03 for Topix, 7,474.55 for FTSE, 9,087.32 for Swiss and 6,126.214 for S&P/ASX
Pricing date:	Oct. 2
Settlement date:	Oct. 10
Agent:	Morgan Stanley & Co. LLC
Fees:	1.67%
Cusip:	61768DFF7

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