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Published on 6/29/2018 in the Prospect News Structured Products Daily.

Morgan Stanley plans 9.3% contingent income autocalls on Facebook

New York, June 29 – Morgan Stanley Finance LLC plans to price 9.3% contingent income autocallable securities due July 9, 2021 linked to the common stock of Facebook, Inc., according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The notes will pay a contingent quarterly coupon at an annual rate of 9.3% if the stock closes at or above its 75% downside threshold on the determination date for that quarter.

The notes will be automatically called at par plus the contingent coupon if the stock closes at or above its initial share price on any of the first 11 quarterly determination dates.

The payout at maturity will be par unless the stock finishes below its 75% downside threshold, in which case investors will be fully exposed to any losses.

Morgan Stanley & Co. LLC is the agent.

The notes will price on July 6 and settle on July 11.

The Cusip number is 61768R203.


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