By Marisa Wong
Morgantown, W.Va., Feb. 2 – Morgan Stanley Finance LLC priced $13.99 million of 0% capped trigger gears due Jan. 24, 2020 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.
The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 71%.
Investors will receive par if the index falls by up to 30% and will be fully exposed to any losses if the index finishes below the 70% downside threshold level.
Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Capped trigger gears
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $13,993,170
|
| Maturity: | Jan. 24, 2020
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 2 times any index gain, capped at 71%; par if index falls by up to 30% and full exposure to any losses if index finishes below downside threshold
|
| Initial level: | 3,303.33
|
| Downside threshold: | 2,312.331, 70% of initial level
|
| Pricing date: | Jan. 27
|
| Settlement date: | Jan. 31
|
| Agent: | Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.
|
| Fees: | 2.5%
|
| Cusip: | 61766V149
|
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