New Issue: Morgan Stanley sells $3.87 million buffered jump securities on S&P 500

By Sarah Lizee

Olympia, Wash., June 13 – Morgan Stanley Finance LLC priced $3.87 million of 0% buffered jump securities due Dec. 4, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

If the index return is zero or positive, the payout at maturity will be par plus the upside payment of 12.19%.

If the index declines by 10% or less, the payout will be par. Otherwise, investors will lose 1% for every 1% that the index declines beyond the 10% buffer amount.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered jump securities
Underlying index:	S&P 500
Amount:	$3,872,000
Maturity:	Dec. 4, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index return is zero or positive, par plus 12.19%; if index declines by 10% or less, par; otherwise, 1% loss for every 1% decline beyond 10%
Initial index value:	2,782
Pricing date:	June 11
Settlement date:	June 14
Agent:	Morgan Stanley & Co. LLC
Fees:	0.5%
Cusip:	61768C4R5

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