By Marisa Wong
Morgantown, W.Va., May 19 – Morgan Stanley Finance LLC priced $4.29 million of 0% buffered Performance Leveraged Upside Securities due Dec. 4, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index return is positive, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum payout of $14.00 per PLUS. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $4,292,330
|
| Maturity: | Dec. 4, 2019
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| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 200% of any index gain, capped at $14.00 per PLUS; par if the index declines by 10% or less; 1% loss for every 1% decline beyond 10%
|
| Initial level: | 3,637.52
|
| Pricing date: | May 12
|
| Settlement date: | May 17
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3%
|
| Cusip: | 61766W360
|
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