Morgan Stanley plans enhanced buffered jump securities on S&P

By Sarah Lizee

Olympia, Wash., April 9 – Morgan Stanley Finance LLC plans to price 0% enhanced buffered jump securities due April 19, 2022 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 90% downside threshold, the payout at maturity will be par plus 12.25%.

Otherwise, investors will lose 1% for every 1% decline beyond 10%.

Morgan Stanley & Co. LLC is the agent.

The notes will price on April 13.

The Cusip number is 61770FA30.

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