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Published on 4/13/2018 in the Prospect News Structured Products Daily.

Morgan Stanley to price contingent income autocallables on Euro Stoxx

By Wendy Van Sickle

Columbus, Ohio, April 13 – Morgan Stanley Finance LLC plans to price contingent income autocallable securities due May 6, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The notes will pay a contingent quarterly coupon at an annualized rate of 8.1% if the index closes at or above the downside threshold, 80% of the initial level, on the applicable observation date.

The notes will be called at par plus the contingent coupon if the index closes at or above its initial level on any determination date after six months.

The payout at maturity will be par plus the final contingent coupon unless the index finishes below the 80% downside threshold, in which case investors will be fully exposed to any losses.

The agent is Morgan Stanley & Co. LLC.

The notes will price on April 30.

The Cusip number is 61768CU96.


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