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Published on 9/17/2019 in the Prospect News Structured Products Daily.

Morgan Stanley plans to price PLUS linked to S&P 500

By Sarah Lizee

Olympia, Wash., Sept. 17 – Morgan Stanley Finance LLC plans to price 0% Performance Leveraged Upside Securities due Jan. 5, 2021 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 300% of the index return, capped at par plus 12.9%. If the index return is negative, investors will be exposed to the decline of the index.

The notes are guaranteed by Morgan Stanley.

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

The notes will price on Sept. 30.

The Cusip number is 61770C210.


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