By Susanna Moon
Chicago, July 28 – Morgan Stanley priced $1.78 million of 0% return enhanced notes due Aug. 1, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus 1.66 times any index gain.
Investors will be exposed to any losses.
Morgan Stanley & Co. LLC is the agent. J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.
Issuer: | Morgan Stanley
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Issue: | Return enhanced notes
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Underlying index: | Euro Stoxx 50
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Amount: | $1.78 million
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Maturity: | Aug. 1, 2018
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.66 times any index gain; exposure to any losses
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Initial level: | 3,600
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Pricing date: | July 24
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Settlement date: | July 29
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Agent: | Morgan Stanley & Co. LLC
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Dealers: | J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
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Fees: | 2%
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Cusip: | 61761JD71
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