New Issue: Morgan Stanley prices $2.61 million enhanced buffered jump securities on indexes, ETF

New York, Feb. 8 – Morgan Stanley Finance LLC priced $2.61 million of 0% enhanced buffered jump securities due Feb. 21, 2025 linked to the Utilities Select Sector SPDR Fund, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset finishes at or above the 90% downside threshold, the payout at maturity will be par plus 11.75%.

Otherwise, investors will lose 1% for every 1% that the worst performing asset declines beyond 10%.

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 assets:	Utilities Select Sector SPDR Fund, S&P 500 index and Russell 2000 index
Amount:	$2,609,000
Maturity:	Feb. 21, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing asset finishes at or above downside threshold level, par plus 11.75%; otherwise, lose 1% for every 1% that the worst performing asset declines beyond 10%
Initial levels:	1,923.653 for Russell 2000, 4,780.94 for S&P 500, $61.06 for Utilities Select Sector SPDR Fund
Downside thresholds:	1,731.288 for Russell 2000, 4,302.846 for S&P 500, $54.954 for Utilities Select Sector SPDR Fund, 90% of initial levels
Buffer:	10%
Strike date:	Jan. 18
Pricing date:	Jan. 22
Settlement date:	Jan. 25
Agent:	Morgan Stanley & Co. LLC
Fees:	0.25%
Cusip:	61771WQQ4

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