By Marisa Wong
Morgantown, W.Va., Feb. 21 – Morgan Stanley Finance LLC priced $3.4 million of 0% leveraged buffered notes due Feb. 20, 2019 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Morgan Stanley.
The payout at maturity will be par plus 150% of any index gain, up to a maximum settlement amount of $1,222 per $1,000 principal amount.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Leveraged buffered notes
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| Underlying index: | MSCI EAFE
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| Amount: | $3.4 million
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| Maturity: | Feb. 20, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the index return is positive, par plus 150% of the index return, capped at 22.2%; if the index return is zero or negative but not less than negative 10%, the payout will be par; otherwise, 1.1111% loss for every 1% decline beyond 10%
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| Initial level: | 1,737.95
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| Pricing date: | Feb. 14
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| Settlement date: | Feb. 22
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 2%
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| Cusip: | 61768CFD4
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