By Marisa Wong
Morgantown, W.Va., Sept. 28 – Morgan Stanley Finance LLC priced $6 million of 0% buffered Performance Leveraged Upside Securities due Sept. 20, 2019 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par plus 125% of any index gain.
Investors will receive par if the index falls by up to 17.5% and will lose 1.2121 for every 1% decline beyond the 17.5% buffer.
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: | $6 million
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| Maturity: | Sept. 20, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 125% of any index gain; par if index falls by up to 17.5%; 1.2121% loss per 1% decline beyond 17.5%
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| Initial level: | 2,500.60, index closing level on Sept. 21
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| Pricing date: | Sept. 22
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| Settlement date: | Sept. 27
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | None
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| Cusip: | 61768CRG4
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