Chicago, March 13 – Morgan Stanley Finance LLC priced $575,000 of 0% dual directional buffered jump securities with autocallable feature due March 10, 2026 linked to the Nasdaq-100 Technology Sector index, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called at par plus 9.15% if all three indexes close above their initial levels on March 6, 2025.
If the worst performing index gains the payout will be par plus the worst performing index return.
The payout will be par plus 100% of the absolute value of the worst performing index return if the worst performing index declines but by no more than the 25% buffer.
Investors will lose 1% for every 1% that the worst performing index declines beyond the buffer.
The securities are non-callable.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
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| Guarantor: | Morgan Stanley
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| Issue: | Dual directional buffered jump securities with autocallable feature
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| Underlying indexes: | Nasdaq-100 Technology Sector index, Russell 2000 index and S&P 500 index
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| Amount: | $575,000
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| Maturity: | March 10, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If worst performing index gains par plus worst performing index return; par plus 100% of absolute value of worst performing index return if worst performing index declines but by no more than 25% buffer; 1% loss for every 1% that worst performing index declines beyond the buffer
|
| Call: | Par plus 9.15% if all three indexes close above initial levels on March 6, 2025
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| Initial levels: | 5,078.65 for S&P, 2,053.708 for Russell, 10,332.76 for Nasdaq tech
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| Buffer levels: | 3,808.988 for S&P, 1,540.281 for Russell, 7,749.57 for Nasdaq tech; 75% of initial levels
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| Buffer: | 25%
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| Pricing date: | March 5
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| Settlement date: | March 8
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 0.65%
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| Cusip: | 61771W5Q7
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