Morgan Stanley to price trigger gears due 2020 linked to index basket

By Angela McDaniels

Tacoma, Wash., Nov. 6 – Morgan Stanley Finance LLC plans to price 0% trigger gears due Nov. 30, 2020 linked to a basket of indexes, according to an FWP filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The basket is comprised of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei 225 index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

If the basket return is greater than zero, the payout at maturity will be par of $10 plus 1.9 to 2.0 times the basket return. The exact upside gearing will be set at pricing. Investors will receive par if the basket declines by 25% or less and be fully exposed to the basket’s decline from its initial level if it declines by more than 25%.

Morgan Stanley & Co. LLC and UBS Financial Services Inc. are the agents.

The notes are expected to price Nov. 28.

The Cusip number is 61768K208.

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