By Wendy Van Sickle
Columbus, Ohio, Feb. 2 – Morgan Stanley Finance LLC priced $4.82 million of 0% Performance Leveraged Upside Securities due May 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.
The payout at maturity will be par of $10 plus triple any index gain up to a maximum return of 10.2%.
Investors will be exposed to any losses.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Performance Leveraged Upside Securities
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Underlying index: | S&P 500
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Amount: | $4,817,150
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Maturity: | May 3, 2019
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 300% of any index gain capped at 10.2%; 1% loss per 1% decline
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Initial level: | 2,823.81
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Pricing date: | Jan. 31
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Settlement date: | Feb. 5
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 2.25%
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Cusip: | 61768M337
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