By Susanna Moon
Chicago, July 11 – Morgan Stanley Finance LLC priced $4.09 million of 0% Performance Leveraged Upside Securities due Oct. 3, 2019 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filed with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any fund gain, up to a maximum payment of $11.865 per $10.00 PLUS.
Investors will be exposed to any losses.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Performance Leveraged Upside Securities
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| Underlying fund: | iShares MSCI Emerging Markets ETF
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| Amount: | $4,087,100
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| Maturity: | Oct. 3, 2019
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| Coupon: | 0%
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| Price: | Par of $10.00
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| Payout at maturity: | Par plus 300% of any fund gain, capped at 18.65%; 1% loss per 1% decline
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| Initial level: | $43.33
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| Pricing date: | June 29
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| Settlement date: | July 5
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 1.75%
|
| Cusip: | 61768Q783
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