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Published on 1/28/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $250,000 enhanced trigger jump securities on indexes

Chicago, Jan. 28 – Morgan Stanley Finance LLC priced $250,000 of 0% enhanced trigger jump securities due April 29, 2027 linked to the worst performing of the S&P 500 index, Russell 2000 index and Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains or ends above the downside threshold the payout at maturity will be par plus the greater of the worst performing index return and 26%. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the downside threshold level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Enhanced trigger jump securities
Underlying indexes:S&P 500 index, Russell 2000 index and Dow Jones industrial average
Amount:$250,000
Maturity:April 29, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above downside threshold level, par plus greater of the worst performing index return and 26%; 1% loss for every 1% that worst performing index declines if it finishes below downside threshold level
Initial levels:33,240.18 for Dow, 1,890.475 for Russell, 4,175.20 for S&P
Downside thresholds:23,268.126 for Dow, 1,323.333 for Russell, 2,922.64 for S&P, 70% of initial levels
Upside payment:26%
Pricing date:April 26, 2022
Settlement date:April 29, 2022
Agent:Morgan Stanley & Co. LLC
Fees:4.2%
Cusip:61773QUR8

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