New Issue: Morgan Stanley prices $2.52 million buffered PLUS tied to Stoxx

By Tali Rackner

Minneapolis, Feb. 6 – Morgan Stanley Finance LLC priced $2.52 million of 0% buffered Performance Leveraged Upside Securities due July 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 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 plus 1.72 times the return.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond the buffer, with a minimum payment of $100 per buffered PLUS.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying indexes:	Euro Stoxx 50
Amount:	$2.52 million
Maturity:	July 30, 2020
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 1.72 times any index gain; if index falls by up 10%, par; otherwise, 1% loss per 1% decline beyond 10%, with minimum payment of $100 per PLUS
Initial level:	3,647.41
Buffer level:	3,282.669, 90% of initial level
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Agent:	Morgan Stanley & Co. LLC
Fees:	2.25%
Cusip:	61768CXB8

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.