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Published on 7/18/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $1.16 million enhanced buffered jump securities on S&P, Russell

New York, July 18 – Morgan Stanley Finance LLC priced $1.16 million of 0% enhanced buffered jump securities due Aug. 15, 2024 linked to 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 8.4%.

Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the downside threshold.

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:$1,155,000
Maturity:Aug. 15, 2024
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above downside threshold level, par plus 8.4%; 1% loss for every 1% that worst performing index declines if it finishes below the downside threshold level
Initial levels:1,933.376 for Russell 2000, 4,472.16 for S&P 500
Upside payment:8.4%
Downside thresholds:1,546.701 for Russell 2000, 3,577.728 for S&P 500, 80% of initial level
Buffer:20%
Pricing date:July 12
Settlement date:July 17
Agent:Morgan Stanley & Co. LLC
Fees:0.375%
Cusip:61775HKE6

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