New Issue: Morgan Stanley prices $4.6 million capped leveraged basket-linked notes

By Wendy Van Sickle

Columbus, Ohio, Aug. 1 – Morgan Stanley Finance LLC priced $4.6 million of 0% capped leveraged basket-linked notes due Jan. 28, 2025 linked to a weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The basket includes the Euro Stoxx 50 index with a 36% weight, the Tokyo Stock Price index with a 26% weight, the FTSE 100 index with a 17% weight, the Swiss Market index with a 12% weight and the S&P/ASX 200 index with an 9% weight.

The payout at maturity will be par plus 200% of any basket gain, capped at 39.2%.

Investors will be fully exposed to any basket decline.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Capped leveraged basket-linked notes
Underlying indexes:	Euro Stoxx 50 (36% weight), Tokyo Stock Price (26% weight), FTSE 100 (17% weight), Swiss Market (12% weight) and S&P/ASX 200 (9% weight)
Amount:	$4.6 million
Maturity:	Jan. 28, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any basket gain, subject to a maximum payout of par plus 39.2%; full exposure to loss
Initial levels:	4,383.03 for Stoxx, 2,281.18 for Tokyo, 7,678.59 for FTSE, 11,177.68 for Swiss, 7,306.411 for S&P/ASX
Pricing date:	July 24
Settlement date:	July 31
Agent:	Morgan Stanley & Co. LLC
Fees:	1.51%
Cusip:	61775HLZ8

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