By Marisa Wong
Morgantown, W.Va., Jan. 8 – Morgan Stanley Finance LLC priced $2.69 million of 0% Performance Leveraged Upside Securities due April 3, 2019 linked to the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus 3 times the gain, capped at $11.455 per PLUS.
Investors will be fully exposed to any index decline.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | Russell 2000
|
| Amount: | $2,688,630
|
| Maturity: | April 3, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 300% of any index gain capped at 14.55%; 1% loss per 1% decline
|
| Initial level: | 1,548.926
|
| Pricing date: | Dec. 28
|
| Settlement date: | Jan. 3
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2.25%
|
| Cusip: | 61768K786
|
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