Morgan Stanley plans to price trigger PLUS linked to stock basket

By Marisa Wong

Morgantown, W.Va., Aug. 5 – Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due Sept. 6, 2018 linked to an equally weighted basket of the common stocks of JPMorgan Chase & Co., Citigroup Inc. and Bank of America Corp., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 200% of any gain in the basket, subject to a maximum return of 14%.

Investors will receive par if the basket falls by up to 15% and will be fully exposed to losses if the basket drops below the 85% trigger level.

Morgan Stanley & Co. LLC is the agent.

The notes are expected to price Aug. 31 and settle Sept. 3.

The Cusip number is 61765G820.

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