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Published on 6/10/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $2.02 million market-linked notes on index basket

By William Gullotti

Buffalo, N.Y., June 10 – Morgan Stanley Finance LLC priced $2.02 million of 0% market-linked notes due June 4, 2027 linked to an equally-weighted basket consisting of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par plus any basket gain, subject to a maximum payout of par plus 45%.

If the basket declines, the payout will be par.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Market-linked notes
Underlying indexes:S&P 500 index, Russell 2000 index, Dow Jones industrial average; equal weights
Amount:$2.02 million
Maturity:June 4, 2027
Coupon:0%
Price:Par
Payout at maturity:Par plus any basket gain capped at 45%; otherwise, par
Initial levels:4,132.15 for S&P, 1,864.043 for Russell, 32,990.12 for Dow
Pricing date:May 31
Settlement date:June 3
Agent:Morgan Stanley & Co. LLC
Fees:2.25%
Cusip:61774DNB9

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