By Marisa Wong
Morgantown, W.Va., June 1 – Morgan Stanley Finance LLC priced $3 million of 0% buffered digital notes due May 30, 2019 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 return is zero or positive, the payout at maturity will be the greater of par plus the index return and the threshold settlement amount of $1,182.60 per $1,000 principal amount.
If the index return is negative but not less than negative 10%, the payout will be par.
If the index return is less than negative 10%, investors will lose 1.1111% for each 1% decline beyond 10%.
Morgan Stanley is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
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| Issue: | Buffered digital notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $3 million
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| Maturity: | May 30, 2019
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| Coupon: | 0%
|
| Price: | Par
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| Payout at maturity: | If the index return is zero or positive, greater of par plus the index return and the threshold settlement amount of $1,182.60 per $1,000 principal amount; if the index return is negative but not less than negative 10%, par; otherwise, 1.1111% loss for each 1% decline beyond 10%
|
| Initial level: | 3,586.62
|
| Buffer level: | 3,227.958, 90% of initial level
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| Pricing date: | May 24
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| Settlement date: | June 1
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| Agent: | Morgan Stanley
|
| Fees: | 1.73%
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| Cusip: | 61768CJT5
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