Morgan Stanley reports plans to sell trigger PLUS tied to Topix index

By Devika Patel

Knoxville, Tenn., July 3 – Morgan Stanley Finance LLC plans to price 0% trigger Performance Leveraged Upside Securities due Nov. 5, 2019 linked to the Topix index, according to an FWP filed with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus triple the gain, capped at $12.30 per $10 of notes.

Otherwise, investors will lose 1% for each 1% decline of the index from its initial level.

Morgan Stanley & Co. LLC is the agent, with Morgan Stanley Wealth Management handling distribution.

The notes (Cusip: 61768R146) will price on July 13 and settle on July 18.

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