New Issue: Morgan Stanley prices $1.8 million autocallable jump securities on indexes

New York, Oct. 4 – Morgan Stanley Finance LLC priced $1.8 million of jump securities with autocallable feature due Oct. 3, 2028 linked to Nasdaq-100 index, Dow Jones industrial average and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The securities will be called automatically starting Oct. 1, 2024 at a price to give a return of 11.1% per year if the level of each underlying index is greater than or equal to 90% of its initial level on any quarterly call determination date.

At maturity the payout will be par plus 55.5% if the worst performing underlier finishes above 90% of its initial level.

The payout will be par if worst performing index finishes below 90% of its initial level but above its 70% trigger level. Investors will be fully exposed to the decline of worst performing index if it finishes below its 70% trigger level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Jump securities with autocallable feature
Underlying indexes:	Nasdaq-100 index, Dow Jones industrial average and Russell 2000 index
Amount:	$1,804,000
Maturity:	Oct. 3, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 55.5% if worst performing index finishes above its call threshold level; par if worst performing index finishes below 90% of its initial level but above 70% trigger level; otherwise full exposure to decline of worst performing index
Call:	Automatically starting Oct. 1, 2024 at a price to give a return of 11.1% per year if the level of each underlying index is greater than or equal to 90% of its initial level on any quarterly call determination date
Initial levels:	33,666.34 for Dow Jones industrial average, 14,702.77 for Nasdaq-100, 1,794.312 for Russell 2000
Downside thresholds:	23,566.438 for Dow Jones industrial average, 10,291.939 for Nasdaq-100, 1,256.018 for Russell 2000, 70% of initial level
Call threshold:	30,299.706 for Dow Jones industrial average, 13,232.493 for Nasdaq-100 index, 1,614.881 for Russell 2000 index, 90% of initial levels
Pricing date:	Sept. 28
Settlement date:	Oct. 3
Agent:	Morgan Stanley & Co. LLC
Fees:	0%
Cusip:	61775MBH8

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