Morgan Stanley eyes 26- to 29-month buffered digital notes on S&P

By Sarah Lizee

Olympia, Wash., June 17 – Morgan Stanley Finance LLC plans to price 0% buffered digital notes due in 26 to 29 months 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.

If the index return is greater than or equal to 85% of the initial level, the payout at maturity will be the maximum settlement amount of $1,142.60 to $1,167.30 per $1,000 principal amount.

If the index falls by more than 15%, investors will lose 1.1765% for each 1% that the index declines beyond 15%.

Morgan Stanley & Co. LLC is the agent.

The Cusip number is 61769HGH2.

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