New Issue: Morgan Stanley prices $1.53 million buffered digital notes on MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, Jan. 12 – Morgan Stanley Finance LLC priced $1.53 million of 0% buffered digital notes due Oct. 3, 2025 linked the MSCI EAFE 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 82.5% of its initial level, the payout at maturity will be the greater of par plus the index return and par plus 13.96%.

Investors will lose 1.2121% for every 1% that the index declines beyond 17.5%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered digital notes
Underlying index:	MSCI EAFE index
Amount:	$1,528,000
Maturity:	Oct. 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above 82.5% of initial level, the greater of par plus the index return and par plus 13.96%; otherwise, investors will lose 1.2121% for every 1% that the index declines beyond 17.5%
Initial level:	2,207.74
Threshold level:	1,821.3855, 82.5% of initial level
Pricing date:	Jan. 5
Settlement date:	Jan. 12
Agent:	Morgan Stanley & Co. LLC
Fees:	0%
Cusip:	61771WJK5

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