New Issue: Morgan Stanley prices $6 million trigger jump securities on S&P, Russell

By Taylor Fox

New York, Nov. 6 – Morgan Stanley Finance LLC priced $6 million of 0% trigger jump securities due Oct. 15, 2024 linked to the least performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus the greater of 30% and the return of the lesser performing index.

If either index falls but not by more than 30%, the payout will be par plus 12%.

Otherwise, investors will be fully exposed to the decline of the lesser performing index from its initial level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Trigger jump securities
Underlying indexes:	Russell 2000 index, S&P 500 index
Amount:	$6 million
Maturity:	Oct. 15, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus the greater of 30% and the return of the lesser performing index; if either index falls but not by more than 30%, par plus 12%; otherwise, investors will be fully exposed to the decline of the lesser performing index from its initial level
Initial levels:	3,477.13 for S&P, 1,637.545 for Russell
Downside thresholds:	2,433.991 for S&P, 1,146.282 for Russell, 70% of initial levels
Pricing date:	Oct. 9
Settlement date:	Oct. 15
Agent:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61771B3Z5

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