By Angela McDaniels
Tacoma, Wash., Sept. 13 – Morgan Stanley Finance LLC priced $3.8 million of 0% buffered Performance Leveraged Upside Securities due Oct. 9, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 200% of the index return, subject to a maximum return of 12.65%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | Russell 2000
|
| Amount: | $3.8 million
|
| Maturity: | Oct. 9, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus 200% of index return, subject to 12.65% maximum return; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
|
| Initial level: | 1,542.989 (closing level on Sept. 10)
|
| Pricing date: | Sept. 11
|
| Settlement date: | Sept. 13
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 0.1%
|
| Cusip: | 61769HVL6
|
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