New Issue: Morgan Stanley prices $3.61 million digital notes linked to indexes

By Angela McDaniels

Tacoma, Wash., Oct. 24 – Morgan Stanley Finance LLC priced $3.61 million of 0% digital notes due Oct. 25, 2018 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is greater than or equal to negative 10%, the payout at maturity will be $1,137.50 per $1,000 principal amount of notes. Otherwise, investors will lose 1.1111% for every 1% that the basket declines beyond 10%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Digital notes
Underlying indexes:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$3,613,000
Maturity:	Oct. 25, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is greater than or equal to negative 10%, $1,137.50 per $1,000 principal amount; otherwise, 1.1111% loss for every 1% that basket declines beyond 10%
Initial index levels:	3,076.63 for Euro Stoxx 50, 7,026.90 for FTSE 100, 1,370.80 for Tokyo Stock Price, 8,069.27 for Swiss Market and 5,442.144 for S&P/ASX 200
Pricing date:	Oct. 20
Settlement date:	Oct. 27
Agent:	Morgan Stanley & Co. LLC
Fees:	2%
Cusip:	61768CAZ0

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