Morgan Stanley to price buffered jump securities on Stoxx, Russell, S&P

By Sarah Lizee

Olympia, Wash., Aug. 24 – Morgan Stanley Finance LLC plans to price 0% buffered jump securities due Aug. 29, 2025 linked to the worst-performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the final level of each index is greater than its initial index level, the payout at maturity will be par plus the greater of the return of the least performing index and an upside payment of 15.5% to 25.5%.

If any index declines by up to 20%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the least performing index beyond 20%.

Morgan Stanley & Co. LLC is the agent.

The notes (Cusip: 61771BD35) will price on Aug. 26.

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