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Published on 7/24/2018 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $11.89 million leveraged notes on index basket

By Sarah Lizee

Olympia, Wash., July 24 – Morgan Stanley Finance LLC priced $11.89 million of 0% leveraged notes due July 22, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

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.

The notes are guaranteed by Morgan Stanley.

If the basket return is greater than the initial level, the payout at maturity will be par plus 278.5% of the return.

Investors will be exposed to any losses.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Leveraged notes
Underlying indexes: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:$11,892,000
Maturity:July 22, 2020
Coupon:0%
Price:Par
Payout at maturity:If basket return is greater than the initial level, par plus 278.5% of the return; full exposure to any losses
Initial index levels:3,460.03 for Euro Stoxx 50, 7,678.79 for FTSE 100; 1,744.98 for Tokyo Stock Price; 8,991.34 for Swiss Market; 6,285.851 for S&P/ASX 200
Pricing date:July 20
Settlement date:July 27
Agent:Morgan Stanley & Co. LLC
Fees:2%
Cusip:61768DAA3

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