New Issue: Morgan Stanley prices $507,000 10-year trigger PLUS tied to Euro Stoxx

By Susanna Moon

Chicago, July 30 – Morgan Stanley priced $507,000 of 0% trigger Performance Leveraged Upside Securities due July 31, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2.27 times any gain in the index.

Investors will receive par if the index falls by up to 50% and will be fully exposed to any losses if the index finishes below the 50% trigger level.

Morgan Stanley & Co. LLC is the agent with distribution through Morgan Stanley Wealth Management.

Issuer:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50 index
Amount:	$507,000
Maturity:	July 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 227% of any index gain; par if index falls by up to 50%; full exposure to any losses if index finishes below trigger level
Initial level:	3,171.55
Trigger level:	1,585.775, 50% of initial level
Pricing date:	July 28
Settlement date:	July 31
Agent:	Morgan Stanley & Co. LLC
Dealer:	Morgan Stanley Wealth Management
Fees:	3.5%
Cusip:	61761JRR2

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