New Issue: Morgan Stanley sells $9.94 million leveraged buffered notes linked to MSCI EAFE

By Marisa Wong

Morgantown, W.Va., Feb. 12 – Morgan Stanley Finance LLC priced $9.94 million of 0% leveraged buffered notes due Oct. 4, 2019 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index return is positive, the payout at maturity will be par plus 200% of the gain, subject to a maximum settlement amount of $1,215 per $1,000 principal amount. Investors will receive par if the index declines by up to 5% and will lose 1.0526% for every 1% that the index may decline beyond 5%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Leveraged buffered notes
Underlying index:	MSCI EAFE
Amount:	$9,937,000
Maturity:	Oct. 4, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of index return, subject to 21.5% maximum return; par if index declines by up to 5%; 1.0526% loss for every 1% that index may decline beyond 5%
Initial index level:	2,154.32
Buffer level:	2,046.604, 95% of initial level
Pricing date:	Feb. 1
Settlement date:	Feb. 8
Agent:	Morgan Stanley & Co. LLC
Fees:	1.27%
Cusip:	61768CYJ0

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