New Issue: Morgan Stanley sells $9.99 million enhanced trigger jump notes on Stoxx, Russell

By Wendy Van Sickle

Columbus, Ohio, June 5 – Morgan Stanley Finance LLC priced $9.99 million of 0% enhanced trigger jump securities due Dec. 5, 2023 linked to the lesser performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its 75% trigger level, the payout at maturity will equal par of $10 plus the greater of any gain of the worse performing index and the fixed return of $4.05 per $10.00 of notes.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index.

Morgan Stanley & Co. LLC is the agent, with Morgan Stanley Wealth Management as dealer.

The notes are guaranteed by Morgan Stanley.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced trigger jump securities
Underlying indexes:	Euro Stoxx 50, Russell 2000
Amount:	$9.99 million
Maturity:	Dec. 5, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If each index gains or falls by up to 25%, par plus greater of any gain of worse performing index and 40.5%; otherwise, 1% loss per 1% decline of worse performing index
Initial levels:	3,280.43 for Stoxx, 1,465.487 for Russell
Trigger levels:	2,460.323 for Stoxx, 1,099.115 for Russell; 75% of initial levels
Pricing date:	May 31
Settlement date:	June 5
Agent:	Morgan Stanley & Co. LLC
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	3%
Cusip:	61768Y505

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