Morgan Stanley plans to price autocallable jump securities S&P, Russell

By Sarah Lizee

Olympia, Wash., Jan. 17 – Morgan Stanley Finance LLC plans to price 0% jump securities with autocallable feature due Feb. 2, 2026 linked to the worst performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The notes will be automatically called at par plus 9.4% per year if each index closes at or above its initial level on any annual determination date.

The payout at maturity will be par plus 56.4% if each index finishes at or above its initial level.

If the worst performing index declines by no more than 30%, the payout will be par.

If the worst performing index finishes below its 70% downside threshold level, investors will be fully exposed to the decline of that index.

Morgan Stanley & Co. LLC is the underwriter.

The notes will price on Jan. 24.

The Cusip number is 61770FDQ6.

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