New Issue: Morgan Stanley sells $2.51 million trigger PLUS tied to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, March 3 – Morgan Stanley priced $2.51 million of 0% trigger Performance Leveraged Upside Securities due March 3, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par plus 170% of the gain.

If the index falls by up to the 65% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$2,511,300
Maturity:	March 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes above initial level, par plus 170% of return; par if index falls up to 65% trigger level; full exposure to loss if index declines by more than 35%
Initial index level:	2,945.75,
Trigger level:	1,914.738, 65% of initial level
Pricing date:	Feb. 29
Settlement date:	March 3
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	61765U795

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