New Issue: Morgan Stanley prices $3.4 million market-linked notes on S&P 500, Stoxx 50

By Susanna Moon

Chicago, March 3 – Morgan Stanley Finance LLC priced $3.4 million of 0% market-linked notes due Feb. 27, 2020 linked to a basket comprising the S&P 500 index and the Euro Stoxx 50 index, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par of $10 plus any basket gain, up to a maximum payment of $11.755 per note.

If the basket falls, the payout will be par.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Market-linked notes
Underlying indexes:	S&P 500 and Euro Stoxx 50, equally weighted
Amount:	$3.4 million
Maturity:	Feb. 27, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, capped at 17.55%, floor of par
Initial level:	2,367.34 for S&P and 3,304.09 for Stoxx
Pricing date:	Feb. 24
Settlement date:	March 1
Agent:	Morgan Stanley & Co. LLC
Fees:	4%
Cusip:	61766V313

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