Morgan Stanley plans dual directional market-linked notes on Map Trend

By Sarah Lizee

Olympia, Wash., June 12 – Morgan Stanley Finance LLC plans to price 0% dual directional market-linked notes due June 28, 2024 linked to the Morgan Stanley MAP Trend index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

If the final index level is greater than the initial level, the payout at maturity will be par plus 140% of the gain. If the index finishes flat, the payout will be par.

If the index declines, the payout will be par plus 50% of the absolute value of the index return.

Morgan Stanley & Co. LLC is the underwriter.

The notes will price on June 25.

The Cusip number is 61769HET8.

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