New Issue: Morgan Stanley sells $895,000 buffered digital notes on EAFE

By Wendy Van Sickle

Columbus, Ohio, April 26 – Morgan Stanley Finance LLC priced $895,000 of 0% buffered digital notes due June 3, 2021 linked to the MSCI EAFE 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 15%, the payout at maturity will be $1,128.50 per $1,000 principal amount.

Otherwise, investors will lose 1.1765% for each 1% that the index declines beyond 15%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered digital notes
Underlying index:	MSCI EAFE
Amount:	$895,000
Maturity:	June 3, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 15%, maximum settlement amount of $1,128.50 per $1,000 of notes; otherwise, 1.1765% loss for each 1% that index declines beyond 15%
Initial level:	1,917.35
Threshold level: 1,629.7475, 85% of initial level
Pricing date:	April 24
Settlement date:	May 1
Agent:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61768D6L4

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