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Published on 10/31/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $3.45 million leveraged basket-linked notes

By Wendy Van Sickle

Columbus, Ohio, Oct. 31 – Morgan Stanley Finance LLC priced $3.45 million of 0% leveraged notes due Oct. 29, 2025 linked to a weighted 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 S&P 500 index with a 70% weight, the Euro Stoxx 50 index with a 10.8% weight, the Tokyo Stock Price index with a 7.8% weight, the FTSE 100 index with a 5.1% weight, the Swiss Market index with a 3.6% weight and the S&P/ASX 200 index with a 2.7% weight.

The payout at maturity will be par plus 133.78% of any basket gain.

Investors will be fully exposed to any basket decline.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Leveraged basket-linked notes
Underlying indexes:S&P 500 (70% weight), Euro Stoxx 50 (10.8% weight), Tokyo Stock Price (7.8% weight), FTSE 100 (5.1% weight), Swiss Market (3.6% weight) and S&P/ASX 200 (2.7% weight)
Amount:$3.45 million
Maturity:Oct. 29, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus 133.78% of any basket gain; otherwise, full exposure to any basket decline
Initial levels:3,830.6 for S&P, 3,605.31 for Stoxx, 1,918.21 for Tokyo, 7,056.07 for FTSE, 10,817.21 for Swiss, 6,810.869 for S&P/ASX
Pricing date:Oct. 26
Settlement date:Nov. 2
Agent:Morgan Stanley & Co. LLC
Fees:3%
Cusip:61774HTZ1

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