New Issue: Morgan Stanley prices $1.34 million trigger jump securities on Dow, Russell

By Wendy Van Sickle

Columbus, Ohio, Aug. 27 – Morgan Stanley Finance LLC priced $1.34 million of 0% trigger jump securities due June 23, 2026 linked to the least performing of 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 initial level, the payout at maturity will be par plus the greater of the laggard index return and 42%.

If any index falls by up to 25%, the payout will be par.

Otherwise, investors will be fully exposed to the losses of the worst 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:	Trigger jump securities
Underlying indexes:	Dow Jones industrial average and Russell 2000 index
Amount:	$1,342,000
Maturity:	June 23, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial level, par plus greater of laggard index return and 42%; if any index falls by up to 25%, par; otherwise, exposure to decline of worst performing index
Initial levels:	33,290.08 for Dow, 2,237.745 for Russell
Downside threshold levels:	24,967.56 for Dow, 1,678.309 for Russell; 75% of initial levels
Pricing date:	June 18
Settlement date:	June 23
Agent:	Morgan Stanley & Co. LLC
Fees:	0%
Cusip:	61771V4L1

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