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Published on 10/16/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $317,000 enhanced buffered jump securities on S&P, Russell

Chicago, Oct. 16 – Morgan Stanley Finance LLC priced $317,000 of 0% enhanced buffered jump securities due Nov. 16, 2023 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 10%.

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:$317,000
Maturity:Nov. 16, 2023
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above downside threshold level, par plus 10%; 1% loss for every 1% that worst performing index declines beyond 20% buffer
Initial levels:1,692.916 for Russell, 3,588.84 for S&P
Downside thresholds:1,354.333 for Russell, 2,871.072 for S&P, 80% of initial levels
Upside payment:10%
Buffer:20%
Pricing date:Oct. 11, 2022
Settlement date:Oct. 14, 2022
Agent:Morgan Stanley & Co. LLC
Fees:0.25%
Cusip:61774HMT2

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