New Issue: Morgan Stanley prices $851,000 PLUS linked to Russell 2000 index

By Wendy Van Sickle

Columbus, Ohio, June 18 – Morgan Stanley Finance LLC priced $851,000 of 0% Performance Leveraged Upside Securities due Oct. 5, 2020 linked to the Russell 2000 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 of $10.00 plus triple any index gain, up to a maximum payout of $11.60 per note.

Investors will be exposed to any losses.

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:	$851,000
Maturity:	Oct. 5, 2020
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus triple any index gain, up to a maximum payout of $11.60 per note; otherwise, full exposure to any losses
Initial level:	1,522.499
Pricing date:	June 14
Settlement date:	June 19
Agent:	Morgan Stanley & Co. LLC
Fees:	2.25%
Cusip:	61768Y646

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