Morgan Stanley to price leveraged buffered notes linked to S&P 500

By Sarah Lizee

Olympia, Wash., June 5 – Morgan Stanley Finance LLC plans to price 0% leveraged buffered 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 payout at maturity will be par plus 200% of any index gain, up to a maximum settlement amount of $1,182 and $1,214 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

The Cusip is 61768C4H7.

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