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Published on 11/30/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $2 million PLUS linked to Dow Jones industrial, S&P 500

New York, Nov. 30 – Morgan Stanley Finance LLC priced $2 million of 0% PLUS due Oct. 9, 2025 linked to the Dow Jones industrial average and S&P 500 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 148% of the return of that index. Investors will lose 1% for every 1% that the worst performing index declines.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:PLUS
Underlying indexes:Dow Jones industrial average and S&P 500 index
Amount:$2 million
Maturity:Oct. 9, 2025
Coupon:0%
Price:Par
Payout at maturity:If return of worst performing index is positive, par plus 148% of that index's return; 1% loss for every 1% that worst performing index declines
Initial levels:30,273.87 for Dow Jones industrial average, 3,783.28 for S&P 500
Upside leverage:148%
Cap:None
Pricing date:Oct. 7
Settlement date:Oct. 13
Agent:Morgan Stanley & Co. LLC
Fees:0.25%
Cusip:61774HVA3

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