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Published on 9/18/2019 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $763,280 PLUS linked to Russell

By Sarah Lizee

Olympia, Wash., Sept. 18 – Morgan Stanley Finance LLC priced $763,280 of 0% Performance Leveraged Upside Securities due Jan. 5, 2021 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 300% of the index return, capped at par plus 16.8%. If the index return is negative, investors will be exposed to the decline of the index.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Performance Leveraged Upside Securities
Underlying index:Russell 2000
Amount:$763,280
Maturity:Jan. 5, 2021
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 300% of index return, capped at par plus 16.8%; if index return is negative, exposure to decline
Initial level:1,578.138
Pricing date:Sept. 13
Settlement date:Sept. 18
Agent:Morgan Stanley & Co. LLC
Dealer:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:61769Q824

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