Morgan Stanley plans enhanced buffered jump notes linked to ETF, EAFE

By Angela McDaniels

Tacoma, Wash., Oct. 11 – Morgan Stanley Finance LLC plans to price 0% enhanced buffered jump securities due Oct. 25, 2022 linked to the lesser performing of the SPDR S&P Oil & Gas Exploration & Production exchange-traded fund and the MSCI EAFE index, according to an FWP filing with the Securities and Exchange Commission.

If the final level of each underlying is greater than or equal to its downside threshold value, 75% of its initial level, the payout at maturity will be par plus 32%. If the final level of either underlying is less than its downside threshold value, investors will lose 1% for every 1% that the lesser-performing underlying declines beyond 25%.

The notes will be guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

The notes will price Oct. 18.

The Cusip number is 61769HZL2.

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