New Issue: Morgan Stanley prices $6.84 million capped leveraged buffered notes on index basket

By Marisa Wong

Morgantown, W.Va., March 22 – Morgan Stanley Finance LLC priced $6.84 million of 0% capped leveraged buffered notes due March 18, 2020 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 includes 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.

The payout at maturity will be par plus 173% of any basket gain.

Investors will receive par if the basket declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Capped leveraged buffered notes
Underlying basket:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Tokyo Stock Price (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$6,839,000
Maturity:	March 18, 2020
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 173% of any basket gain; par if basket falls by up to 10%; 1.1111% loss for every 1% drop beyond 10%
Initial levels:	3,437.40 for Euro Stoxx, 7,164.14 for FTSE, 1,736.63 for Topix, 8,882.53 for Swiss Market and 5,949.423 for S&P/ASX
Pricing date:	March 16
Settlement date:	March 23
Agent:	Morgan Stanley & Co. LLC
Fees:	2%
Cusip:	61768CH59

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