By Wendy Van Sickle
Columbus, Ohio, Nov. 7 – Morgan Stanley Finance LLC priced $1.96 million of 0% buffered participation securities due Feb. 6, 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.
The payout at maturity will be par plus any index gain.
If the final index level is at least 79.3% of the initial level, the payout will be par.
If the final level is less than 80% of the initial level, investors will be exposed to losses beyond the 20.7% buffer.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered participation securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $1,955,000
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| Maturity: | Feb. 6, 2019
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain; par if the final index level is at least 79.3% of the initial level; otherwise, investors will be exposed to losses beyond the 20.7% buffer
|
| Initial index level: | 3,662.18
|
| Pricing date: | Oct. 31
|
| Settlement date: | Nov. 7
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 1%
|
| Cusip: | 61768CTA5
|
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