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Published on 4/13/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $8.36 million trigger jump securities linked to S&P, Russell

New York, April 13 – Morgan Stanley Finance LLC priced $8.36 million of 0% trigger jump securities due April 13, 2026 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the worst performing index is zero or positive, the payout at maturity will be par 43%.

Investors will receive par plus 12% if the worst performing index declines but finishes at or above the trigger level and will lose 1% for every 1% that the worst performing index declines if it finishes below the trigger 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:S&P 500 index and Russell 2000 index
Amount:$8,359,000
Maturity:April 13, 2026
Coupon:0%
Price:Par
Payout at maturity:If return of worst performing index is zero or positive, par plus 43%; par plus 12% if worst performing index declines but finishes at or above trigger level; 1% loss for every 1% that worst performing index declines if it finishes below trigger level
Initial levels:1,994.562 for Russell 2000 index, 4,488.28 for S&P 500 index
Upside payment:43%
Trigger:1,396.193 for Russell 2000 index, 3,141.796 for S&P 500 index, 70% of initial level
Pricing date:April 8
Settlement date:April 13
Agent:Morgan Stanley & Co. LLC
Fees:0%
Cusip:61773QQQ5

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