Morgan Stanley plans to price trigger jump securities linked to Apple

By Angela McDaniels

Tacoma, Wash., July 31 – Morgan Stanley Finance LLC plans to price 0% trigger jump securities due March 4, 2020 linked to the common stock of Apple Inc., according to a 424B2 filed with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

If the final share price is greater than or equal to the initial share price, the payout at maturity will be par of $10 plus 29%. If the stock declines by up to 10%, the payout will be par. If the stock declines by more than 10%, investors will lose 1% for every 1% that the stock declines from its initial share price.

Morgan Stanley & Co. LLC is the agent.

The notes will price Aug. 15.

The Cusip number is 61766X434.

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