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Published on 3/20/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $1 million enhanced trigger jump securities on Nasdaq, Russell, S&P

New York, March 20 – Morgan Stanley Finance LLC priced $1 million of 0% enhanced trigger jump securities due March 20, 2024 linked to the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index finishes at or above the 75% downside threshold, the payout at maturity will be par plus 12.1%.

Otherwise, investors will lose 1% for every 1% that the worst performing index declines from its initial 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:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$1 million
Maturity:March 20, 2024
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above downside threshold level, par plus 12.1%; otherwise, 1% loss for every 1% that worst performing index declines from initial level
Initial levels:12,199.79 for Nasdaq-100, 1,776.893 for Russell 2000, 3,919.29 for S&P 500
Upside payment:12.1%
Downside thresholds:9,149.843 for Nasdaq-100, 1,332.670 for Russell 2000, 2,939.468 for S&P 500, 75% of initial level
Pricing date:March 14
Settlement date:March 17
Agent:Morgan Stanley & Co. LLC
Fees:0.6%
Cusip:61774T6R8

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