New Issue: Morgan Stanley prices $4.99 million buffered PLUS linked to S&P 500

By Marisa Wong

Madison, Wis., July 27 – Morgan Stanley priced $4.99 million of 0% buffered Performance Leveraged Upside Securities due Jan. 28, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 150% of any gain in the index. Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond the 10% buffer.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$4,985,000
Maturity date:	Jan. 28, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain; par if index falls by up to 10%; 1% loss for each 1% index decline beyond 10%
Initial index level:	2,102.15
Pricing date:	July 23
Settlement date:	July 28
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	61765G663

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