Morgan Stanley plans digital trigger notes due 2020 tied to Stoxx 50

By Susanna Moon

Chicago, July 23 – Morgan Stanley Finance LLC plans to price 0% digital notes due in 21 to 24 months linked to Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If the index finishes at or above its 87.5% threshold level, the payout at maturity will be the maximum settlement amount of $1,156.50 to $1,184.00 per $1,000 principal amount. The exact digital percentage will be set at pricing.

Otherwise, investors will lose 1.1429% for each 1% decline beyond 12.5%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

The Cusip number is 61768DAD7.

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