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Published on 12/20/2021 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $9.23 million Buffered PLUS linked to Euro Stoxx 50

New York, Dec. 20 – Morgan Stanley Finance LLC priced $9.23 million of 0% Buffered Performance Leveraged Upside Securities due July 3, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return subject to a maximum return of par plus 29.1%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Buffered Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50 index
Amount:$9,228,550
Maturity:July 3, 2024
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 200% of index return subject to a maximum return of par plus 29.1%; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial level:4,159.68
Buffer level:3,743.712, 90% of initial level
Upside leverage:200%
Cap:29.1%
Pricing date:Dec. 15
Settlement date:Dec. 20
Agent:Morgan Stanley & Co. LLC
Fees:3% including a structuring fee of 0.5%
Cusip:61773N197

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