New Issue: Morgan Stanley prices $7.05 million contingent income autocallables on three indexes

New York, March 19 – Morgan Stanley Finance LLC priced $7.05 million of contingent income autocallable securities due March 12, 2026 linked to the S&P 500 index, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 9.84%, paid monthly, if each index closes at or above its 80% coupon barrier on the relevant observation date, plus any previously unpaid coupons.

The securities will be called automatically at par if the closing level of each underlying index is greater than or equal to its initial level on any quarterly call determination date starting Sept. 12, 2024.

At maturity, the payout will be par unless the worst performing index finishes below its 70% downside threshold level, in which case investors will be fully exposed to the decline of the worst performing index.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Contingent income autocallable securities
Underlying indexes:	S&P 500 index, Russell 2000 index and Nasdaq-100 index
Amount:	$7,049,000
Maturity:	March 12, 2026
Coupon:	9.84%, paid monthly, if each index closes at or above its 80% coupon barrier on the relevant observation date, plus any previously unpaid coupons
Price:	Par
Payout at maturity:	Par unless the worst performing index finishes below its downside threshold level, in which case investors will be fully exposed to the decline in the worst performing index
Call:	Automatically at par if the closing level of each underlying index is greater than or equal to its initial level on any quarterly call determination date starting Sept. 12, 2024
Initial levels:	18,018.45 for Nasdaq-100, 2,082.713 for Russell 2000, 5,123.69 for S&P 500
Downside thresholds:	12,612.915 for Nasdaq-100, 1,457.899 for Russell 2000, 3,586.583 for S&P 500, 70% of initial level
Coupon barriers:	14,414.76 for Nasdaq-100, 1,666.170 for Russell 2000, 4,098.952 for S&P 500, 80% of initial levels
Pricing date:	March 8
Settlement date:	March 13
Agent:	Morgan Stanley & Co. LLC
Fees:	0.4%
Cusip:	61776LAC1

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