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Published on 11/28/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $6.93 million Buffered PLUS linked to Nasdaq, Russell, Dow

New York, Nov. 28 – Morgan Stanley Finance LLC priced $6.93 million of 0% Buffered PLUS due Oct. 4, 2027 linked to the Nasdaq-100 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the worst performing index is positive, the payout at maturity will be par plus 150.65% of the return of that index.

Investors will receive par if the worst performing index declines by 30% or less and will lose 1% for every 1% that the worst performing index declines beyond 30%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Buffered PLUS
Underlying indexes:Nasdaq-100 index, Russell 2000 index and Dow Jones industrial average
Amount:$6.93 million
Maturity:Oct. 4, 2027
Coupon:0%
Price:Par
Payout at maturity:If return of worst performing index is positive, par plus 150.65% of that index's return; par if worst performing index declines by 30% or less; otherwise, 1% loss for every 1% that worst performing index declines beyond 30%
Initial levels:29,225.61 for Dow Jones industrial average, 11,164.78 for Nasdaq-100, 1,674.931 for Russell 2000
Buffer level:20,457.927 for Dow Jones industrial average, 7,815.346 for Nasdaq-100 index, 1,172.452 for Russell 2000 index, 70% of initial level
Upside leverage:150.65%
Pricing date:Sept. 29
Settlement date:Oct. 4
Agent:Morgan Stanley & Co. LLC
Fees:0%
Cusip:61774HGW2

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