New Issue: Morgan Stanley sells $1.42 million enhanced buffered jump securities on S&P 500

By William Gullotti

Buffalo, N.Y., April 29 – Morgan Stanley Finance LLC priced $1.42 million of 0% enhanced buffered jump securities due April 29, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index finishes at or above its 85% downside threshold, the payout at maturity will be par plus 37.5%.

Otherwise, investors will lose 1% for every 1% decline beyond 15%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced buffered jump securities
Underlying index:	S&P 500 index
Amount:	$1,415,000
Maturity:	April 29, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above downside threshold, par plus 37.5%; otherwise, 1% loss for every 1% decline beyond 15%
Initial level:	4,175.2
Downside threshold:	3,548.92; 85% of initial level
Pricing date:	April 26
Settlement date:	April 29
Agent:	Morgan Stanley & Co. LLC
Fees:	3.3%
Cusip:	61773QE88

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