Morgan Stanley plans leveraged buffered notes linked to MSCI EAFE

By Devika Patel

Knoxville, Tenn., Dec. 2 – Morgan Stanley plans to price 0% leveraged buffered index-linked notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 23 and 26 months after pricing, or in November 2017 to February 2018, with the exact deal terms to be set at pricing.

If the index return is positive, the payout at maturity will be par plus 160% of the gain, subject to a maximum settlement amount that is expected to be $1,244.80 to $1,288 for each $1,000 principal amount of notes and will be set at pricing. Investors will receive par if the index falls by 12.5% or less and will be exposed to declines beyond 12.5%.

Morgan Stanley & Co. LLC is the agent.

The notes (Cusip: 61761JR35) will price in December and settle five business days after pricing.

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