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Published on 8/10/2017 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $2.29 million 15-month PLUS linked to Topix index

By Wendy Van Sickle

Columbus, Ohio, Aug. 10 – Morgan Stanley priced $2.29 million of 0% Performance Leveraged Upside Securities due Nov. 5, 2018 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus triple the index return, subject to a maximum payment of $11.72 per PLUS.

Investors will lose 1% for every 1% that the index declines.

Morgan Stanley & Co. LLC is the agent, with Morgan Stanley Wealth Management handling distribution.

Issuer:Morgan Stanley
Issue:Performance Leveraged Upside Securities
Underlying index:Topix
Amount:$2,291,810
Maturity:Nov. 5, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par of $10 plus triple the index return, subject to a maximum payment of $11.72 per PLUS; 1% loss for every 1% decline
Initial level:1,618.61
Pricing date:July 31
Settlement date:Aug. 3
Agent:Morgan Stanley & Co. LLC
Fees:2.25%
Cusip:61766A798

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