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Published on 3/30/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $4.4 million Trigger PLUS linked to Stoxx, MSCI Emerging Markets

New York, March 30 – Morgan Stanley Finance LLC priced $4.4 million of 0% Trigger PLUS due March 28, 2025 linked to the Euro Stoxx 50 index and MSCI Emerging Markets index, 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 237% of the return of the worst performing index. Investors will receive par if the return of the worst performing index is negative but ends at or above the 70% trigger and will lose 1% for every 1% decline if it ends below the trigger level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Trigger PLUS
Underlying index:Euro Stoxx 50 index and MSCI Emerging Markets index
Amount:$4.4 million
Maturity:March 28, 2025
Coupon:0%
Price:Par
Payout at maturity:If return of worst performing index is positive, par plus 237% of the gain of the worst performing index; par if worst performing index declines but finishes at or above trigger level; 1% loss for every 1% decline if worst performing index finishes below trigger level
Initial level:1,125.01 for MSCI Emerging Markets index, 3,867.73 for Euro Stoxx 50 index
Trigger level:787.507 for MSCI Emerging Markets index, 2,707.411 for Euro Stoxx 50 index, 70% of initial level
Upside leverage:237%
Cap:None
Pricing date:March 25
Settlement date:March 30
Agent:Morgan Stanley & Co. LLC
Fees:0.75%
Cusip:61773QTU3

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