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Published on 3/6/2020 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $252,000 equity-linked partial principal at risk securities on S&P, Stoxx

By Wendy Van Sickle

Columbus, Ohio, March 6 – Morgan Stanley Finance LLC priced $252,000 of 0% equity-linked partial principal at risk securities due March 4, 2024 linked to the least performing of the Euro Stoxx 50 index and the S&P 500 index according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par plus 135% of any gain of the least performing index.

If the least performing index finishes flat or falls, investors will receive par plus the least performing index return, subject to a minimum return of $950 per $1,000 of notes.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Equity-linked partial principal at risk securities
Underlying indexes:S&P 500 and Euro Stoxx 50
Amount:$252,000
Maturity:March 4, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus 135% of any gain of least performing index; par plus least-performing index return, subject to minimum payout of 95% of par if index finishes flat or falls
Initial values:3,329.49 for Stoxx, 2,954.22 for S&P
Pricing date:Feb. 28
Settlement date:March 4
Agent:Morgan Stanley & Co. LLC
Fees:0.5%
Cusip:61770FGS9

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