New Issue: Morgan Stanley priced $14.1 million dual directional trigger PLUS tied to Euro Stoxx 50

By Jennifer Chiou

New York, Dec. 3 - Morgan Stanley priced $14,104,940 of 0% dual directional trigger Performance Leveraged Upside Securities due May 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus 125% of the gain.

If the index stays flat or falls and finishes at or above the 65% trigger level, the payout will be par plus the absolute value of the return.

Otherwise, investors will be fully exposed to any losses.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Dual directional trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$14,104,940
Maturity:	May 31, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than initial index level, par plus 125% of index return; if final index level is less than or equal to initial index level but greater than or equal to trigger level, par plus absolute value of index return; if final index level is less than trigger level, full exposure to decline from initial index level
Initial index level:	3,086.64
Trigger level:	2,006.316, 65% of initial level
Pricing date:	Nov. 29
Settlement date:	Dec. 4
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	61762W489

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