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Published on 2/12/2020 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $6.65 million buffered digital notes on Stoxx 50

Chicago, Feb. 12 – Morgan Stanley Finance LLC priced $6.65 million of 0% buffered digital notes due Nov. 10, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index return is greater than negative 12.5%, the payout at maturity will be $1,129.10 per $1,000 principal amount of notes.

Otherwise, investors will lose 1.1429% for each 1% that the index declines beyond 12.5%.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Buffered digital notes
Underlying index:Euro Stoxx 50 index
Amount:$6,648,000
Maturity:Nov. 10, 2021
Coupon:0%
Price:Par
Payout at maturity:If the index return is greater than negative 12.5%, payout will be $1,129.10 per $1,000 principal amount of notes; otherwise, 1.1429% loss for each 1% decline beyond 12.5%
Initial level:3,640.91
Buffer level:3,185.79625, 87.5% of initial level
Pricing date:Jan. 31
Settlement date:Feb. 7
Agent:Morgan Stanley & Co. LLC
Fees:None
Cusip:61770FEQ5

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