Morgan Stanley plans trigger performance notes on basket of four Euro Stoxx supersector indexes

By Toni Weeks

San Luis Obispo, Calif., Sept. 4 – Morgan Stanley plans to price 0% trigger performance securities due Sept. 30, 2019 linked to a basket consisting of four Euro Stoxx supersector indexes, according to an FWP filing with the Securities and Exchange Commission.

The basket consists of equal weights of the Euro Stoxx Automobiles & Parts index, Euro Stoxx Banks index, Euro Stoxx Oil & Gas index and Euro Stoxx Utilities index.

If the basket return is positive, the payout at maturity will be par plus 190% to 210% of the basket return. The exact participation rate will be determined at pricing.

Investors will receive par if the basket falls by up to 25% and will be fully exposed to losses from the initial level if it falls by more than 25%.

The notes (Cusip: 61758S583) are expected to price Sept. 26 and settle Sept. 30.

Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.

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