Morgan Stanley plans to price trigger PLUS due 2022 linked to gold

New York, Sept. 1 – Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due October 2022 linked to the price of gold, according to an FWP filing with the Securities and Exchange Commission.

If the gold return is positive, the payout at maturity will be par of $1,000 plus 110% of the commodity’s return.

Investors will receive par if the gold return declines by less than 65% and will be fully exposed to the return’s decline from its initial level if it falls by 65% or more.

Morgan Stanley & Co. LLC is the agent.

The notes will price in September and settle in October.

The Cusip number is 61762GEY6.

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