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Published on 2/7/2018 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $6.56 million capped leveraged notes tied to S&P

By Marisa Wong

Morgantown, W.Va., Feb. 7 – Morgan Stanley Finance LLC priced $6,562,000 of 0% capped leveraged notes due Sept. 12, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par plus triple any index gain, up to a maximum settlement amount of $1,205.50 per $1,000 principal amount.

Investors will be exposed to any losses.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Capped leveraged notes
Underlying index:S&P 500
Amount:$6,562,000
Maturity:Sept. 12, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, capped at 20.55%; exposure to any losses
Initial level:2,822.43
Pricing date:Jan. 30
Settlement date:Feb. 6
Agent:Morgan Stanley & Co. LLC
Fees:None
Cusip:61768CZB6

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