Morgan Stanley to price 25- to 28-month capped leveraged notes on S&P

By Sarah Lizee

Olympia, Wash., July 6 – Morgan Stanley Finance LLC plans to price 0% capped leveraged notes due in 25 to 28 months 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 plus 300% of any index gain, up to a maximum settlement amount of $1,285.60 to $1,335.70 per $1,000 principal amount.

Investors will be exposed to any losses.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

The Cusip number is 61768C6W2.

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