Morgan Stanley plans partial principal at risk notes on index basket

By Devika Patel

Knoxville, Tenn., Sept. 21 – Morgan Stanley Finance LLC plans to price 0% equity-linked partial principal at risk securities due Sept. 29, 2021 linked to an equally weighted basket of indexes, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The basket consists of the S&P 500 index, the Russell 2000 index and the Euro Stoxx Select Dividend 30 index, each with a weight of 33.3333%.

The payout at maturity will be par plus any basket gain.

If the basket falls or remains flat, the payout will be par plus the return, with a minimum payout of $950 per $1,000 of notes.

Morgan Stanley & Co. LLC is the agent.

The notes (Cusip: 61768DEJ0) will price Sept. 24 and settle Sept. 27.

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