New Issue: Morgan Stanley sells $500,000 enhanced buffered jump notes on S&P

By Sarah Lizee

Olympia, Wash., Oct. 10 – Morgan Stanley Finance LLC priced $500,000 of 0% enhanced buffered jump securities due Oct. 2, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index finishes at or above its 80% downside threshold, the payout at maturity will be par plus the greater of the index return and the upside payment of 16.75%.

Otherwise, investors will lose 1% for every 1% decline beyond 20%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced buffered jump securities
Underlying index:	S&P 500
Amount:	$500,000
Maturity:	Oct. 2, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above downside threshold, par plus greater of index return and 16.75%; otherwise, 1% loss for every 1% decline beyond 20%
Initial level:	2,961.79
Downside threshold:	2,369.432, 80% of initial level
Pricing date:	Oct. 1
Settlement date:	Oct. 4
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	61769HXU4

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