By Marisa Wong
Morgantown, W.Va., April 20 – Morgan Stanley Finance LLC priced $3.88 million of 0% Performance Leveraged Upside Securities due July 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 $11.47 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 index
|
| Amount: | $3,883,860
|
| Maturity: | July 3, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 3 times any index gain, capped at $11.47 per PLUS; full exposure to losses
|
| Initial level: | 1,529.427
|
| Pricing date: | March 29
|
| Settlement date: | April 4
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2.25%
|
| Cusip: | 61768P439
|
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