Morgan Stanley to price trigger PLUS linked to emerging markets basket

By Angela McDaniels

Tacoma, Wash., June 5 – Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due Sept. 17, 2020 linked to a basket of indexes and exchange-traded funds, according to an FWP filing with the Securities and Exchange Commission.

The basket includes the Hang Seng China Enterprises index with a 12.5% weight, the Hang Seng index with a 12.5% weight, the Topix index with a 25% weight, the WisdomTree India Earnings Fund with a 25% weight and the iShares MSCI Emerging Markets ETF with a 25% weight.

If the basket return is positive, the payout at maturity will be par plus 120% of the basket return. Investors will receive par if the basket declines by less than 25% and will be fully exposed to the basket’s decline from its initial level if it falls by 25% or more.

Morgan Stanley & Co. LLC is the agent.

The notes will price June 12 and settle June 17.

The Cusip number is 61765G416.

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