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Published on 5/26/2021 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $3.51 million Performance Leveraged Upside Securities on Stoxx 50

By William Gullotti

Buffalo, N.Y., May 26 – Morgan Stanley Finance LLC priced $3.51 million of 0% Performance Leveraged Upside Securities due May 6, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The payout at maturity will be par plus 246% of any index gain.

Investors will lose 1% for each 1% decline of the index from its initial level.

Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management is the dealer.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$3,505,000
Maturity:May 6, 2026
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 246% of index return; 1% loss for every 1% that final index level is less than initial price level
Initial level:3,974.74
Pricing date:April 30
Settlement date:May 5
Agent:Morgan Stanley & Co. LLC
Dealer:Morgan Stanley Wealth Management
Fees:0.75%
Cusip:61771VXE5

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