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Published on 5/7/2020 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $1.42 million Performance Leveraged Upside Securities on Euro Stoxx

By Wendy Van Sickle

Columbus, Ohio, May 7 – Morgan Stanley Finance LLC priced $1.42 million of 0% Performance Leveraged Upside Securities due Aug. 4, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 22.5%.

Investors will lose 1% for each 1% decline of the index from its initial level.

Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management is the dealer.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50 index
Amount:$1,421,450
Maturity:Aug. 4, 2021
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return up to maximum return of 22.5%; 1% loss for every 1% that final index level is less than initial index level
Initial level:2,927.93
Pricing date:April 30
Settlement date:May 5
Agent:Morgan Stanley & Co. LLC
Dealer:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:61769P511

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