By Tali Rackner
Minneapolis, May 1 – Morgan Stanley Finance LLC priced $1.78 million of 0% Performance Leveraged Upside Securities due Aug. 5, 2019 linked to the Financial Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par plus triple any fund gain, up to a maximum payment of $11.83 per $10.00 PLUS.
Investors will be exposed to any losses.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Performance Leveraged Upside Securities
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| Underlying fund: | Financial Select Sector SPDR Fund
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| Amount: | $1,782,400
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| Maturity: | Aug. 5, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus triple any fund gain, capped at $11.83 per plus; full exposure to any losses
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| Initial level: | $27.46
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| Pricing date: | April 13
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| Settlement date: | April 18
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2.25%
|
| Cusip: | 61768P645
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