New Issue: Morgan Stanley prices $250,000 enhanced buffered jump notes on indexes

By Sarah Lizee

Olympia, Wash., March 10 – Morgan Stanley Finance LLC priced $250,000 of 0% enhanced buffered jump securities due April 1, 2021 linked to the lesser performing of the Dow Jones industrial average, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of each index is greater than or equal to its downside threshold value, 95% of its initial level, the payout at maturity will be par plus 15%. If the final level of either index is less than its downside threshold value, investors will lose 1% for every 1% that the lesser-performing index declines beyond 5%.

The notes will be guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced buffered jump securities
Underlying indexes:	Dow Jones industrial average, S&P 500 and Russell 2000
Amount:	$250,000
Maturity:	April 1, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of each index is greater than or equal to downside threshold value, par plus 15%; if final level of either index is less than downside threshold value, 1% loss for every 1% that lesser-performing index declines beyond 5%
Initial levels:	25,409.36 for Dow, 2,954.22 for S&P 500 and 1,476.431 for Russell 2000
Downside thresholds:	24,138.892 for Dow, 2,806.509 for S&P 500 and 1,402.609 for Russell 2000, or 95% of initial levels
Pricing date:	Feb. 28
Settlement date:	March 4
Agent:	Morgan Stanley & Co. LLC
Fees:	0.5%
Cusip:	61770FKU9

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