New Issue: Morgan Stanley prices $625,000 trigger jump securities on Nasdaq, Russell

By Kiku Steinfeld

Chicago, Dec. 13 – Morgan Stanley Finance LLC priced $625,000 of 0% trigger jump securities due Feb. 23, 2024 linked to the least performing of the Nasdaq-100 index 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 21%.

If any index falls by up to 30%, 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:	Nasdaq-100 index and Russell 2000 index
Amount:	$625,000
Maturity:	Feb. 23, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial level, par plus 21%; if any index falls by up to 30%, par; otherwise, exposure to decline of worst performing index
Initial levels:	15,092.57 for Nasdaq, 2,167.600 for Russell
Downside threshold levels:	10,564.799 for Nasdaq, 1,517.320 for Russell; 70% of initial levels
Pricing date:	Aug. 20
Settlement date:	Aug. 25
Agent:	Morgan Stanley & Co. LLC
Fees:	2.25%
Cusip:	61773FMN0

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