By Jennifer Chiou
New York, June 5 – Morgan Stanley priced $1,503,400 of 0% market-linked notes due Nov. 29, 2019 linked to a basket of exchange-traded funds, according to an FWP filing with the Securities and Exchange Commission.
The equally weighted basket consists of the iShares MSCI EAFE ETF, the iShares MSCI Emerging Markets ETF and the WisdomTree Japan Hedged Equity Fund.
The payout at maturity will be par plus the supplemental redemption amount, if any. The supplemental redemption amount will be the average of the basket percentage change measured quarterly over the life of the notes.
Investors will receive at least par.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Market-linked notes
|
| Underlying funds: | iShares MSCI EAFE ETF, iShares MSCI Emerging Markets ETF and WisdomTree Japan Hedged Equity Fund, equally weighted
|
| Amount: | $1,503,400
|
| Maturity: | Nov. 29, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus supplemental redemption amount, if any; supplemental amount will be average of the basket percentage change measured quarterly over the life of the notes; floor of par
|
| Initial prices: | $69.41 for EAFE fund; $42.55 for EM fund; $47.82 for Japan fund
|
| Pricing date: | May 30
|
| Settlement date: | June 4
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 3%
|
| Cusip: | 61761S125
|
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