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Published on 10/31/2019 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $250,000 of buffered participation securities tied to S&P

Chicago, Oct. 31 – Morgan Stanley Finance LLC priced $250,000 of 0% buffered participation securities due Oct. 27, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par plus any index gain.

Investors will receive 50% of any index percent change if the index declines, subject to a minimum payout of $500 per $1,000 principal amount of notes.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Buffered participation securities
Underlying index:S&P 500
Amount:$250,000
Maturity:Oct. 27, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain; if the index declines, investors will receive 0.5% per 1% decline in the index, with a minimum payout of $500 per $1,000 principal amount of notes
Initial index level:2,986.20
Pricing date:Oct. 18
Settlement date:Oct. 25
Agent:Morgan Stanley & Co. LLC
Fees:3.25%
Cusip:61769HWU5

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