New York, Dec. 5 – Morgan Stanley Finance LLC priced $7.96 million of 0% buffered Performance Leveraged Upside Securities due June 5, 2019 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par plus double any index gain, up to a maximum return of par plus 19%.
Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Buffered Performance Leveraged Upside Securities
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| Underlying index: | S&P 500
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| Amount: | $7,962,720
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| Maturity: | June 5, 2019
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 200% of any index gain, capped at par plus 19%; par if index falls by up to 10%; 1% loss for each 1% drop beyond 10%
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| Initial level: | 2,198.81
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| Pricing date: | Nov. 30
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| Settlement date: | Dec. 5
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 2.5%
|
| Cusip: | 61766F565
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