By Marisa Wong
Morgantown, W.Va., Feb. 12 – Morgan Stanley Finance LLC priced $999,750 of 0% Performance Leveraged Upside Securities due May 3, 2019 linked to the S&P MidCap 400 index, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus 3 times the gain, capped at $11.065 per PLUS.
Investors will be fully exposed to any index decline.
Morgan Stanley & Co. LLC is the agent.
Issuer: | Morgan Stanley Finance LLC
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Guarantor: | Morgan Stanley
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Issue: | Performance Leveraged Upside Securities
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Underlying index: | S&P MidCap 400
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Amount: | $999,750
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Maturity: | May 3, 2019
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 300% of any index gain capped at 10.65%; 1% loss per 1% decline
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Initial level: | 1,953.97
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Pricing date: | Jan. 31
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Settlement date: | Feb. 5
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Agent: | Morgan Stanley & Co. LLC
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Fees: | 2.25%
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Cusip: | 61768M352
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