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Published on 5/13/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $781,000 trigger jump securities on MSCI Emerging Markets, Stoxx 50

New York, May 13 – Morgan Stanley Finance LLC priced $781,000 of 0% trigger jump securities due Oct. 5, 2026 linked to the MSCI Emerging Markets index and the Euro Stoxx 50 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 the greater of that index's return and 68%. Investors will receive par if the worst performing index declines but finishes at or above the trigger level and will lose 1% for every 1% that the worst performing index declines if it finishes 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 jump securities
Underlying indexes:MSCI Emerging Markets index and Euro Stoxx 50 index
Amount:$781,000
Maturity:Oct. 5, 2026
Coupon:0%
Price:Par
Payout at maturity:If return of worst performing index is positive, par plus greater of return of worst performer and 68%; par if worst performing index declines but finishes at or above trigger level; 1% loss for every 1% that worst performing index declines if it finishes below trigger level
Initial levels:1,253.10 for MSCI Emerging Markets, 4,048.08 for Euro Stoxx 50
Upside payment:68%
Trigger:877.17 for MSCI Emerging Markets, 2,833.656 for Euro Stoxx 50, 70% of initial level
Pricing date:Sept. 30, 2021
Settlement date:Oct. 5, 2021
Agent:Morgan Stanley & Co. LLC
Fees:0.75%
Cusip:61773FTX1

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