New Issue: Morgan Stanley prices $1.76 million buffered PLUS tied to index basket

By Susanna Moon

Chicago, July 2 – Morgan Stanley Finance LLC priced $1.76 million of 0% buffered Performance Leveraged Upside Securities due Nov. 29, 2019 linked to a basket of four equally weighted indexes, according to a 424B2 filed with the Securities and Exchange Commission.

The underlying components are the S&P/ASX 200 index, Tokyo Stock Price index, Hang Seng China Enterprises index and Kospi 200 index.

The payout at maturity will be par plus double any basket gain, up to a maximum payment of $1,182.50 per $1,000 principal amount.

Investors will receive par if the basket falls by up to 10% and will be exposed to any losses beyond the buffer.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying indexes:	S&P/ASX 200, Tokyo Stock Price, Hang Seng China Enterprises and Kospi 200, equally weighted
Amount:	$1,763,000
Maturity:	Nov. 29, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any basket gain, capped to 18.25%; if basket falls by up to 10%, par; otherwise, 1% loss per 1% decline beyond 10%
Initial levels:	6,197.612 for S&P/ASX, 1,731.07 for Tokyo, 11,118.89 for Hang Seng and 302.76 for Kospi
Pricing date:	June 26
Settlement date:	June 29
Agent:	Morgan Stanley & Co. LLC
Fees:	0.25%
Cusip:	61768C5C7

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