By Wendy Van Sickle
Columbus, Ohio, Feb. 2 – Morgan Stanley Finance LLC priced $3.2 million of 0% Performance Leveraged Upside Securities due May 3, 2019 linked to the Russell 2000 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par of $10 plus triple any index gain up to a maximum return of 13.6%.
Investors will be exposed to any losses.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Performance Leveraged Upside Securities
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| Underlying index: | Russell 2000
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| Amount: | $3,199,020
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| Maturity: | May 3, 2019
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 300% of any index gain capped at 13.6%; 1% loss per 1% decline
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| Initial level: | 1,574.982
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| Pricing date: | Jan. 31
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| Settlement date: | Feb. 5
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2.25%
|
| Cusip: | 61768M345
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