Morgan Stanley plans partial principal at risk notes on index basket

By Marisa Wong

Morgantown, W.Va., Aug. 20 – Morgan Stanley Finance LLC plans to price 0% equity-linked partial principal at risk securities due Aug. 27, 2021 linked to an equally weighted basket of the S&P 500 index, the Russell 2000 index and the Euro Stoxx Select Dividend 30 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par plus at least 100% of any basket gain.

If the basket finishes flat or declines, investors will receive par plus the basket return, subject to a minimum payout of 95% of par.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Aug. 24.

The Cusip number is 61768DAX3.

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