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Published on 1/2/2024 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $3.63 million enhanced buffered jump securities on indexes

New York, Jan. 2 – Morgan Stanley Finance LLC priced $3.63 million of 0% enhanced buffered jump securities due Jan. 2, 2026 linked to the S&P 500 index, Nasdaq-100 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains or ends above the 80% downside threshold the payout at maturity will be par plus 17.85%.

Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the downside threshold.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Enhanced buffered jump securities
Underlying indexes:S&P 500 index, Nasdaq-100 index and Russell 2000 index
Amount:$3,634,000
Maturity:Jan. 2, 2026
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above downside threshold level, par plus 17.85%; 1% loss for every 1% that worst performing index declines if it finishes below the downside threshold level
Initial levels:16,906.80 for Nasdaq-100, 2,066.214 for Russell 2000, 4,781.58 for S&P 500
Upside payment:17.85%
Downside thresholds:13,525.44 for Nasdaq-100, 1,652.971 for Russell 2000, 3,825.264 for S&P 500, 80% of initial level
Buffer:20%
Pricing date:Dec. 27
Settlement date:Jan. 2
Agent:Morgan Stanley & Co. LLC
Fees:0.65%
Cusip:61771WDX3

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