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Published on 3/4/2024 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $1.82 million enhanced buffered jump notes linked to S&P, Russell

Chicago, March 4 – Morgan Stanley Finance LLC priced $1.82 million of 0% enhanced buffered jump securities due March 3, 2026 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 12.5%.

Investors will lose 1% for every 1% decline of the worst performing index declines 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:$1,816,000
Maturity:March 3, 2026
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above downside threshold level, par plus 12.5%; otherwise, 1% loss for every 1% decline in worst performing index below the downside threshold level
Initial levels:2,028.968 for Russell, 5,069.53 for S&P
Downside thresholds:1,623.174 for Russell, 4,055.624 for S&P, 80% of initial levels
Upside payment:12.5%
Buffer:20%
Pricing date:Feb. 26
Settlement date:Feb. 29
Agent:Morgan Stanley & Co. LLC
Fees:2.5%
Cusip:61771WVY1

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