New Issue: Morgan Stanley sells $1.88 million buffered digital notes on Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Feb. 20 – Morgan Stanley Finance LLC priced $1.88 million of 0% buffered digital notes due March 11, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index return is greater than or equal to negative 10%, the payout at maturity will be $1,102.50 per $1,000 principal amount. Otherwise, investors will lose 1.1111% for each 1% that the index declines beyond 10 %.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered digital notes
Underlying index:	Euro Stoxx 50
Amount:	$1,878,000
Maturity:	March 11, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 10%, par plus 10.25%; otherwise, 1.1111% loss for each 1% that index declines beyond 10%
Initial index level:	3,454.52
Threshold level:	3,109.068, 90% of initial level
Pricing date:	Feb. 7
Settlement date:	Feb. 14
Agent:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61768CZW0

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