Morgan Stanley to price return enhanced notes on PHLX Semiconductor

New York, March 28 – Morgan Stanley Finance LLC plans to price 0% return enhanced notes due April 16, 2019 linked to the PHLX Semiconductor Sector index, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index gain subject to a cap of par plus 27.12%. Investors will be fully exposed to any index decline.

Morgan Stanley & Co. LLC is the agent with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.

The notes will price on March 29 and settle on April 4.

The Cusip number is 61768CQ67.

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