New Issue: Morgan Stanley prices $603,000 trigger PLUS linked to Euro Stoxx 50

By Susanna Moon

Chicago, May 1 – Morgan Stanley priced $603,000 of 0% trigger Performance Leveraged Upside Securities due April 30, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain.

Investors will receive par if the index falls by up to 50% and will be fully exposed to any losses if the index finishes below the 50% trigger level.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$603,000
Maturity:	April 30, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	par of $10 plus 200% of any index gain; par if index falls by up to 50%; full exposure to any losses if index finishes below trigger level
Initial index level:	3,771.45
Trigger level:	1,885.725, 50% of the initial price
Pricing date:	April 27
Settlement date:	April 30
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	61761JXZ7

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