Morgan Stanley aims to price capped buffered gears tied to Euro Stoxx

By Devika Patel

Knoxville, Tenn., March 6 – Morgan Stanley Finance LLC plans to price 0% capped buffered gears due March 29, 2019 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

If the index return is greater than zero, the payout at maturity will be par of $10 plus double the index return, subject to a maximum payout of between 30.5% and 33.5%. Investors will receive par if the index declines by 10% or less and will receive will lose 1% for every 1% decline beyond the buffer if the index falls by more than 10%. The exact cap will be set at pricing

Morgan Stanley & Co. LLC and UBS Financial Services Inc. are the agents.

The notes (Cusip: 61766V669) will price on March 29 and settle on March 31.

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