New Issue: Morgan Stanley prices $7.57 million leveraged buffered notes linked to MSCI EAFE

By Angela McDaniels

Tacoma, Wash., April 11 – Morgan Stanley Finance LLC priced $7.57 million of 0% leveraged buffered notes due July 14, 2021 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 finishes above its initial level, the payout at maturity will be par plus 150% of the index return, subject to a maximum return of 28.5%. Investors will receive par if the index declines by 15% or less and will lose 1.1765% for every 1% that it declines beyond 15%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Leveraged buffered notes
Underlying index:	MSCI EAFE
Amount:	$7,568,000
Maturity:	July 14, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes above initial level, par plus 150% of index return, subject to 28.5% maximum return; par if index declines by 15% or less; 1.1765% loss for every 1% that index declines beyond 15%
Initial level:	1,921.45
Pricing date:	July 12
Settlement date:	July 19
Agent:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61769HKW4

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