By Angela McDaniels
Tacoma, Wash., Oct. 31 – Morgan Stanley priced $1.68 million of 0% trigger performance securities due Oct. 31, 2019 linked to a basket of four Euro Stoxx Supersector indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx Automobiles & Parts index, the Euro Stoxx Banks index, the Euro Stoxx Oil & Gas index and the Euro Stoxx Utilities index, equally weighted.
If the basket return is positive, the payout at maturity will be par of $10 plus 194% of the basket return.
If the basket return is zero or negative and the final level is greater than or equal to the trigger level, 75% of the initial level, the payout will be par.
If the final level is less than the trigger level, investors will be fully exposed to the decline in the basket from its initial level.
Morgan Stanley & Co. LLC is the agent, and UBS Financial Services Inc. is the dealer.
| Issuer: | Morgan Stanley
|
| Issue: | Trigger performance securities
|
| Underlying indexes: | Euro Stoxx Automobiles & Parts, Euro Stoxx Banks, Euro Stoxx Oil & Gas and Euro Stoxx Utilities, equally weighted
|
| Amount: | $1,677,200
|
| Maturity: | Oct. 31, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If basket return is positive, par plus 194% of basket return; if basket return is zero or negative and basket’s final level is at least 75% of initial level, par; if final level is less than 75% of initial level, full exposure to decline in basket from initial level
|
| Initial index levels: | 428.27 for automobiles & parts index, 137.85 for banks index, 313.75 for oil & gas index and 278.40 for utilities index
|
| Pricing date: | Oct. 29
|
| Settlement date: | Oct. 31
|
| Agent: | Morgan Stanley & Co. LLC
|
| Dealer: | UBS Financial Services Inc.
|
| Fees: | 3.5%
|
| Cusip: | 61764C291
|
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