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Published on 7/3/2017 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $5.72 million buffered PLUS due 2019 linked to index basket

By Wendy Van Sickle

Columbus, Ohio, July 3 – Morgan Stanley Finance LLC priced $5.72 million of 0% buffered Performance Leveraged Upside Securities due June 28, 2019 linked to a basket of three indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The basket consists of the S&P 500 index with a 70% weight, the S&P MidCap 400 index with a 15% weight and the Russell 2000 index with a 15% weight.

The payout at maturity will be par plus 200% of any basket gain, subject to a maximum of $1,180 per $1,000 of notes.

Investors will receive par if the basket falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Buffered Performance Leveraged Upside Securities
Basket components:S&P 500 index (70% weight), Euro Stoxx 50 index (15% weight) and Topix index (15% weight)
Amount:$5,724,000
Maturity:June 28, 2019
Coupon:0%
Price:Par
Payout at maturity:If basket return is positive, par plus 200% of return, capped at $1,180 per $1,000 of notes; par if basket declines by 10% or less; exposure to losses beyond 10%
Initial levels:2,440.69 for S&P 500, 1,755.79 for S&P MidCap 400, 1,425.269 for Russell 2000
Pricing date:June 28
Settlement date:July 3
Underwriter:Morgan Stanley & Co. LLC
Dealer:Morgan Stanley Wealth Management
Fees:0.25%
Cusip:61768CLV7

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