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Published on 6/29/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $353,000 enhanced buffered jump securities on S&P, Russell

Chicago, June 29 – Morgan Stanley Finance LLC priced $353,000 of 0% enhanced buffered jump securities due June 5, 2025 linked to the worst performing of the S&P 500 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains or ends above the 80% downside threshold the payout at maturity will be par plus 17%.

Investors will lose 1% for every 1% that the worst performing index declines beyond the 20% buffer.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Enhanced buffered jump securities
Underlying indexes:S&P 500 index and Russell 2000 index
Amount:$353,000
Maturity:June 5, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above downside threshold level, par plus 17%; 1% loss for every 1% that worst performing index declines beyond 20% buffer
Initial levels:1,749.650 for Russell, 4,179.83 for S&P
Downside thresholds:1,399.720 for Russell, 3,343.864 for S&P, 80% of initial levels
Upside payment:17%
Buffer:20%
Pricing date:May 31
Settlement date:June 5
Agent:Morgan Stanley & Co. LLC
Fees:0.6%
Cusip:61774XYL1

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