New Issue: Morgan Stanley prices $1.65 million enhanced trigger jump securities on S&P, Dow, Russell

By Wendy Van Sickle

Columbus, Ohio, March 9 – Morgan Stanley Finance LLC priced $1.65 million of 0% enhanced trigger jump securities due March 5, 2025 linked to the least performing of the S&P 500 index, the Dow Jones industrial average and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its 70% downside threshold, the payout at maturity will be par plus the greater of the return of the worst performing index and the upside payment of 35%.

Otherwise, investors will be fully exposed to any losses of the worse performing index.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced trigger jump securities
Underlying indexes:	S&P 500 index, Dow Jones industrial average and Russell 2000 index
Amount:	$1,646,000
Maturity:	March 5, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index ends at or above downside threshold, par plus greater of return of worst performing index and 35%; otherwise, par plus return of worst performing index
Initial levels:	2,954.22 for S&P, 25,409.36 for Dow, 1,476.431 for Russell
Trigger levels:	2,067.954 for S&P, 17,786.552 for Dow, 1,033.502 for Russell; 70% of initial level
Pricing date:	Feb. 28
Settlement date:	March 4
Agent:	Morgan Stanley & Co. LLC
Fees:	0.625%
Cusip:	61770FHD1

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