New Issue: Morgan Stanley prices $5.55 million buffered PLUS linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Jan. 3 – Morgan Stanley Finance LLC priced $5.55 million of 0% buffered Performance Leveraged Upside Securities due July 3, 2019 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index return is positive, the payout at maturity will be par of $10 plus double the index return, subject to a maximum return of 21.3%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$5,551,660
Maturity:	July 3, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 200% of index return, subject to 21.3% maximum return; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial level:	2,249.26
Pricing date:	Dec. 29
Settlement date:	Jan. 5
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	61766F748

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