By Angela McDaniels
Tacoma, Wash., March 6 – Morgan Stanley Finance LLC priced $10.38 million of 0% capped leveraged notes due Sept. 7, 2018 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 positive, the payout at maturity will be par plus 300% of the index return, up to a maximum settlement amount of $1,219 per $1,000 principal amount. If the index return is negative, investors will have one-to-one exposure to the decline.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Capped leveraged notes
|
| Underlying index: | Russell 2000
|
| Amount: | $10.38 million
|
| Maturity: | Sept. 7, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus 300% of index return, subject to maximum return of 21.9%; one-to-one exposure to decline if index return is negative
|
| Initial level: | 1,395.668
|
| Pricing date: | March 2
|
| Settlement date: | March 9
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 1.33%
|
| Cusip: | 61768CFQ5
|
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