New Issue: Morgan Stanley prices $4.4 million gears tied to index basket

By Wendy Van Sickle

Columbus, Ohio, May 28 – Morgan Stanley Finance LLC priced $4.4 million of 0% gears due May 12, 2026 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The basket includes the MSCI Emerging Markets index with a 50% weight, the Euro Stoxx 50 index with a 20% weight, the FTSE 100 index with a 15% weight and the Nikkei 225 index with a 15% weight.

If the basket return is greater than zero, the payout at maturity will be par of $10 plus 1.9 times the basket return. Investors will be fully exposed to any loss of the basket.

UBS Financial Services Inc. and Morgan Stanley & Co. LLC are the agents.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Basket-linked gears
Underlying basket:	MSCI Emerging Markets index (50% weight), Euro Stoxx 50 (20% weight), FTSE 100 (15% weight), Nikkei 225 (15% weight)
Amount:	$4.4 million
Maturity:	May 12, 2026
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If basket return is greater than zero, par plus 1.9 times basket return; full exposure to any basket loss
Initial levels:	1,348.57 for Emerging Markets, 4,034.25 for Euro Stoxx 50, 29,357.82 for Nikkei, 7,129.71 for FTSE 100
Pricing date:	May 7
Settlement date:	May 12
Agents:	UBS Financial Services Inc. and Morgan Stanley & Co. LLC
Fees:	0%
Cusip:	61772X576

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