New Issue: Morgan Stanley prices $320,000 buffered PLUS linked to Dow, S&P, Russell

Chicago, March 13 – Morgan Stanley Finance LLC priced $320,000 of 0% buffered PLUS due May 22, 2028 linked to the worst performing of the Dow Jones industrial average, S&P 500 index and Russell 2000 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 135% of the return of that index. Investors will receive par if the worst performing index declines by 20% or less and will lose 1% for every 1% that the worst performing index declines beyond 20%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered PLUS
Underlying indexes:	Dow Jones industrial average, S&P 500 index and Russell 2000 index
Amount:	$320,000
Maturity:	May 22, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If return of worst performing index is positive, par plus 135% of that index's return; par if worst performing index declines by 20% or less; 1% loss for every 1% that worst performing index declines beyond 20%
Initial levels:	32,654.59 for Dow, 1,840.298 for Russell, 4,088.85 for S&P
Buffer level:	26,123.672 for Dow, 1,472.238 for Russell, 3,271.08 for S&P, 80% of initial levels
Upside leverage:	135%
Cap:	None
Pricing date:	May 17, 2022
Settlement date:	May 20, 2022
Agent:	Morgan Stanley & Co. LLC
Fees:	2.75%
Cusip:	61774DEN3

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.