Morgan Stanley

Morgan Stanley CLIENT Fixed Income Offerings 622-047480 FINANCIAL ADVISOR Andrew S. Atlas 1290 Avenue of the Americas 12th Floor New York. NY 10104 +1 212 705-4521 Total Number of Offerings: 1 Tue. 12 Mar 2019 11:48:17 AM EDT MS ID CUSIP Avail Qty Ticker Mtn Qty Moody No. ISIN Incr Qty Description 1 FPG18 500.000 BA2 TEVA PHARMACEUTICAL FINANCE NETHERLANDS Ill BV 88167AAL5 200.000 BB Corporate. Emerging Markel Debt TEVA 1.000 US88167AAL5 2 Call Date Coupon Maturity Call Price Price Yields CYLD EP 6.000 04/15.2024 01/15:2024 100.500 5.880 C 5.970 N 100.000 5.883 M M = Yield to Maturity. C = Yield to Call. P = Yield to Put. S = Strip Yield. R = Yield to Pre-Refunding. L = Yield to Average Life. E = Escrowed to Maturity. D = Discount Rate. A = Annual Percentage Yield We oiler these securities and/or deposits subject to availability. Market price. yield and credit ratings are subject to change. Price quoted may not include sales commissions. Please see the important information and product disclosures al the end of this report. • 1 of 2 • EFTA00802973 Morgan Stanley CLIENT Fixed Income Offerings 622-047480 FINANCIAL ADVISOR Andrew S. Atlas 1290 Avenue of the Americas 12th Floor New York. NY 10104 +1 212 705-4521 Disclaimers Tue. 12 Mar 2019 11:48:17 AM EDT We offer these securities andIor deposits subject to availability. Market price. yield and credit ratings are subject to change. If securities and/or deposits are sold prior to maturity. investors may receive more or less than their original purchase price or maturity value. depending on market conditions. Callable securities anctior deposits may be redeemed by the issuer prior to maturity. Additional call features may exist that could affect yield. Please consult your Financial Advisor or Private Wealth Advisor regarding applicable call provisions prior to investing. Some issue information is based on data obtained by the firm from external sources deemed to be reliable. However. Morgan Stanley Wealth Management has not independently verified such information and makes no warranty. express or implied. regarding its accuracy or completeness. Investors should match credit ratings to their portfolio risk profiles. Price quoted may not include sales commissions. For additional information on any of the highlighted securities and/or deposits. please contact your Financial Advisor or Private Wealth Advisor. We do not provide tax advice. You should consult with your own tax advisor prior to making an investment decision. Investing in foreign and emerging markets entails risks other than those normally associated with domestic markets. such as political, currency. economic and market risks. Emerging market debt should comprise only a limited portion of a balanced portfolio. Copyright 2019 Morgan Stanley Smith Barney LLC. Member SIPC. • 2 of 2 • EFTA00802974