By Wendy Van Sickle
Columbus, Ohio, Oct. 19 – Morgan Stanley Finance LLC priced $1 million of 0% contingent buffered equity notes due Oct. 30, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.
If the index finishes above its initial level, the payout at maturity will be par plus 109.1% of the gain.
If the index falls by up to the 25% buffer, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the underwriter with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Contingent buffered equity notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $1 million
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| Maturity: | Oct. 30, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains, par plus 109.1% of return; if index falls by up to 25%, par; otherwise, 1% loss per 1% decline
|
| Initial level: | 3,209.19
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| Knock-out level: | 2,406.893, 75% of initial level
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| Pricing date: | Oct. 11
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| Settlement date: | Oct. 16
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| Agents: | Morgan Stanley & Co. LLC with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
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| Fees: | 1%
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| Cusip: | 61768DHS7
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