By Susanna Moon
Chicago, June 10 – Morgan Stanley Finance LLC priced $2.65 million of 0% trigger Performance Leveraged Upside Securities due June 3, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index finishes above its initial level, the payout at maturity will be par of $10 plus 180% of the index return.
If the index falls but finishes at or above its trigger level, 65% of the initial level, the payout will be par.
If the index finishes below its 65% trigger level, investors will be fully exposed to any losses.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Trigger Performance Leveraged Upside Securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $2,654,780
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| Maturity: | June 3, 2022
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | If index gains, par plus 180% of return; if index falls by up to trigger level, par; otherwise, full exposure to any losses
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| Initial index level: | 3,063.48
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| Trigger level: | 1,991.262, 65% of initial level
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| Pricing date: | May 31
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| Settlement date: | June 3
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 3%
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| Cusip: | 61766B382
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