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Published on 10/4/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $375,000 8% fixed income securities tied to Russell, Nasdaq, S&P

Chicago, Oct. 4 – Morgan Stanley Finance LLC priced $375,000 of fixed income securities due Oct. 2, 2025 linked to the Russell 2000 index, Nasdaq-100 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 8%, paid monthly.

If the worst performing index gains or ends above the 60% downside threshold the payout at maturity will be par. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the downside threshold level.

The notes are non-callable.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Fixed income securities
Underlying indexes:Russell 2000 index, Nasdaq-100 index and S&P 500 index
Amount:$375,000
Maturity:Oct. 2, 2025
Coupon:8%, paid monthly
Price:Par
Payout at maturity:If worst performing index finishes at or above its downside threshold level, par; 1% loss for every 1% that worst performing index declines if it finishes below its downside threshold level
Call:Non-callable
Initial levels:11,493.83 for Nasdaq, 1,715.243 for Russell, 3,719.04 for S&P
Downside threshold:6,896.298 for Nasdaq, 1,029.146 for Russell, 2,231.424 for S&P, 60% of initial levels
Pricing date:Sept. 28, 2022
Settlement date:Oct. 3, 2022
Agent:Morgan Stanley & Co. LLC
Fees:0.6%
Cusip:61774HHG6

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