Morgan Stanley to price enhanced buffered jump notes tied to Russell

By Sarah Lizee

Olympia, Wash., Oct. 9 – Morgan Stanley Finance LLC plans to price 0% enhanced buffered jump securities due Oct. 31, 2023 linked to the Russell 2000 index, according to an FWP filed with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index finishes at or above its 85% downside threshold, the payout at maturity will be par plus the greater of the return and the upside payment of 24% to 25%.

Otherwise, investors will lose 1% per 1% decline beyond the 15% buffer.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Oct. 26 and settle on Oct. 31.

The Cusip number is 61768DFT7.

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