Morgan Stanley to price leveraged buffered notes linked to S&P 500

By Sarah Lizee

Olympia, Wash., June 11 – Morgan Stanley Finance LLC plans to price 0% leveraged buffered notes due in 24 to 27 months linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index finishes above its initial level, the payout at maturity will be par plus 500% of the index return, capped at $1,132 to $1,154.50 per $1,000 of notes. Investors will receive par if the index declines by 15% or less and will lose 1.1765% for every 1% that it declines beyond 15%.

Morgan Stanley & Co. LLC is the agent.

The Cusip number is 61769HFH3.

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