Morgan Stanley plans dual directional trigger PLUS on Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Aug. 5 – Morgan Stanley Finance LLC plans to price 0% dual directional trigger Performance Leveraged Upside Securities due Sept. 5, 2019 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 200% of the index return, subject to a 47% maximum return.

If the final index level is less than or equal to the initial index level but greater than or equal to the trigger level, the payout will be par plus the absolute value of the index return. The trigger level will be 80% of the initial index level.

If the final index level is less than the trigger level, investors will have one-to-one exposure to the decline.

Morgan Stanley & Co. LLC is the agent. Morgan Stanley Smith Barney LLC is handling distribution.

The notes will price on Aug. 31 and settle on Sept. 6.

The Cusip number is 61766B812.

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