New Issue: Morgan Stanley prices $1.09 million buffered digital notes on EAFE

By Wendy Van Sickle

Columbus, Ohio, May 19 – Morgan Stanley Finance LLC priced $1.09 million of 0% buffered digital notes due July 20, 2022 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 10%, the payout at maturity will be par plus 6.55%. Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered digital notes
Underlying index:	MSCI EAFE index
Amount:	$1.09 million
Maturity:	July 20, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 10%, par plus 6.55%; otherwise, 1.1111% loss for every 1% that index declines beyond 10%
Initial level:	2,291.91
Threshold level:	2,062.719 or 90% of initial level
Pricing date:	April 28
Settlement date:	May 5
Agent:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61771VWP1

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