New Issue: Morgan Stanley prices $1.46 million Trigger PLUS linked to Euro Stoxx 50

By Kiku Steinfeld

Chicago, Oct. 21 – Morgan Stanley Finance LLC priced $1.46 million of 0% Trigger PLUS due Feb. 24, 2028 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 500% of the index return subject to a maximum return of par plus 103%. Investors will receive par if the index return is negative but ends at or above the 75% 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
Amount:	$1,455,000
Maturity:	Feb. 24, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 500% of index return subject to a maximum return of par plus 103%; par if index declines but finishes at or above trigger level; 1% loss for every 1% that index declines if it finishes below trigger level
Initial level:	4,074.28
Trigger level:	3,055.71, 75% of initial level
Upside leverage:	500%
Cap:	103%
Pricing date:	Feb. 18
Settlement date:	Feb. 24
Agent:	Morgan Stanley & Co. LLC
Fees:	3.25%
Cusip:	61773H6N4

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