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Published on 12/15/2016 in the Prospect News Structured Products Daily.

Morgan Stanley plans six-month contingent income autocallables linked to ConocoPhillips

By Susanna Moon

Chicago, Dec. 15 – Morgan Stanley Finance LLC plans to price contingent income autocallable securities due June 21, 2017 linked to ConocoPhillips stock, according to an FWP filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at an annual rate of 10.65% if the stock closes at or above the downside threshold level, 80% of its initial price, on a determination date for that month.

The notes will be redeemed at par plus the contingent coupon if the stock closes at or above its initial price on any of the first five determination dates.

The payout at maturity will be par plus the contingent quarterly payment unless the stock finishes below the 80% downside threshold level, in which case investors will be fully exposed to any losses.

The agent is Morgan Stanley & Co. LLC.

The notes are guaranteed by Morgan Stanley.

The notes will price on Dec. 16 and settle on Dec. 21.

The Cusip number is 61766F730.


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