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Published on 6/12/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $9.99 million enhanced trigger jump securities on Stoxx, Russell

New York, June 12 – Morgan Stanley Finance LLC priced $9.99 million of 0% enhanced trigger jump securities due June 1, 2027 linked to the Euro Stoxx 50 index and the Russell 2000 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 the greater of the worst performing index return and 37.35%.

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:Euro Stoxx 50 index and Russell 2000 index
Amount:$9.99 million
Maturity:June 1, 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 37.35%; otherwise, 1% loss for every 1% that worst performing index declines from initial level
Initial levels:1,773.022 for Russell 2000, 4,337.50 for Euro Stoxx 50
Upside payment:37.35%
Downside thresholds:1,329.767 for Russell 2000, 3,253.125 for Euro Stoxx 50, 75% of initial level
Pricing date:May 26
Settlement date:June 1
Agent:Morgan Stanley & Co. LLC
Fees:3% including a structuring fee of 0.5%
Cusip:61774XS79

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