New Issue: Morgan Stanley prices $3.7 million buffered digital linked to Russell

By Angela McDaniels

Tacoma, Wash., Jan. 10 – Morgan Stanley Finance LLC priced $3.7 million of 0% buffered digital due Feb. 6, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index return is greater than or equal to negative 15%, the payout at maturity will be $1,138.50 per principal amount of notes. Otherwise, investors 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:	Buffered digital notes
Underlying index:	Russell 2000
Amount:	$3.7 million
Maturity:	Feb. 6, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 15%, $1,138.50 per principal amount of notes; otherwise, 1.1765% loss for every 1% that index declines beyond 15%
Initial index level:	1,367.281
Pricing date:	Jan. 6
Settlement date:	Jan. 13
Agent:	Morgan Stanley & Co. LLC
Fees:	1.53%
Cusip:	61768CDJ3

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