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Published on 9/11/2017 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $5.12 million of PLUS tied to six funds, indexes

By Susanna Moon

Chicago, Sept. 11 – Morgan Stanley Finance LLC priced $5.12 million of 0% Performance Leveraged Upside Securities due Oct. 4, 2018 linked to a basket of three exchange-traded funds and three indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The basket consists of the S&P 500 index with a 40% weight and the Euro Stoxx 50 index, the Russell 2000 index, the iShares China Large-Cap ETF, the Technology Select Sector SPDR Fund and the Financial Select Sector SPDR Fund each with a 12% weight.

The payout at maturity will be par plus 300% of any basket gain, up to a maximum return of 11.1%.

Investors will be exposed to any losses.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Performance Leveraged Upside Securities
Basket components:S&P 500 index (40% weight), Euro Stoxx 50 index (12% weight), Russell 2000 index (12% weight), iShares China Large-Cap ETF (12% weight), Technology Select Sector SPDR Fund(12% weight) and Financial Select Sector SPDR Fund (12% weight)
Amount:$5,123,300
Maturity:Oct. 4, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any basket gain, capped at 11.1%; exposure to any losses
Initial levels:2,476.55 for S&P, 3,443.88 for Stoxx, 1,413.571 for Russell, $44.26 for China fund, $58.78 for technology fund and $24.77 for financial fund
Pricing date:Sept. 1
Settlement date:Sept. 7
Underwriter:Morgan Stanley & Co. LLC
Fees:1.75%
Cusip:61766A855

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