New Issue: Morgan Stanley prices $10.05 million digital notes linked to index basket

By Angela McDaniels

Tacoma, Wash., Aug. 27 – Morgan Stanley Finance LLC priced $10.05 million of 0% digital notes due Feb. 26, 2021 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 36% weight, the Tokyo Stock Price index with a 27% weight, the FTSE 100 index with a 19% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive or zero, the payout will be par plus the greater of the basket return and 21.5%. If the basket return is negative, investors will be exposed to the decline.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Digital notes
Underlying indexes:	Euro Stoxx 50 (36% weight), Tokyo Stock Price (27% weight), FTSE 100 (19% weight), Swiss Market (10% weight) and S&P/ASX 200 (8% weight)
Amount:	$10,049,000
Maturity:	Feb. 26, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive or zero, par plus greater of basket return and 21.5%; if basket return is negative, exposure to decline
Initial levels:	3,334.25 for Euro Stoxx 50, 1,502.25 for Tokyo Stock Price, 7,094.98 for FTSE 100, 9,744.98 for Swiss Market and 6,523.131 for S&P/ASX 200
Pricing date:	Aug. 23
Settlement date:	Aug. 30
Agent:	Citigroup Global Markets Inc.
Fees:	1.67%
Cusip:	61769HRD9

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