By Wendy Van Sickle
Columbus, Ohio, June 9 – Morgan Stanley Finance LLC priced $10.41 million of 0% buffered Performance Leveraged Upside Securities due Dec. 12, 2019 linked to the Russell 2000 index, according to a 424B2 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 208.15% of the index return, subject to a maximum gain of 32.8%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | Russell 2000
|
| Amount: | $10,406,000
|
| Maturity: | Dec. 12, 2019
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 208.15% of any index gain, subject to a maximum gain of 32.8%; par if the index declines by 10% or less; 1.1111% loss for every 1% decline beyond 10%
|
| Initial level: | 1,394.899
|
| Pricing date: | June 1
|
| Settlement date: | June 6
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 1%
|
| Cusip: | 61768CKY2
|
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