By Jennifer Chiou
New York, Oct. 1 – Morgan Stanley priced $3,592,480 of 0% trigger performance securities due Sept. 30, 2019 linked to a basket consisting of four Euro Stoxx supersector indexes, according to a 424B2 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 203.5% of the basket return.
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%.
Morgan Stanley & Co. LLC is the agent, and UBS Financial Services Inc. is the dealer.
| Issuer: | Morgan Stanley
|
| Issue: | Trigger performance securities
|
| Underlying assets: | Equal weights of the Euro Stoxx Automobiles & Parts index, Euro Stoxx Banks index, Euro Stoxx Oil & Gas index and Euro Stoxx Utilities index
|
| Amount: | $3,592,480
|
| Maturity: | Sept. 30, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 203.5% of any basket gain; par if basket falls by 25% or less; full exposure to losses if basket finishes below trigger level
|
| Initial basket level: | 100
|
| Trigger level: | 75
|
| Pricing date: | Sept. 26
|
| Settlement date: | Sept. 30
|
| Agent: | Morgan Stanley & Co. LLC
|
| Dealer: | UBS Financial Services Inc.
|
| Fees: | 3.5%
|
| Cusip: | 61758S583
|
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