New Issue: Morgan Stanley prices $1.02 million enhanced trigger jump securities on Dow, S&P

New York, June 15 – Morgan Stanley Finance LLC priced $1.02 million of 0% enhanced trigger jump securities due June 15, 2027 linked to the Dow Jones industrial average and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index finishes at or above its downside threshold, 60% of its initial level, the payout at maturity will be par plus 34%. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below its downside threshold level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced trigger jump securities
Underlying indexes:	Dow Jones industrial average and S&P 500 index
Amount:	$1,019,000
Maturity:	June 15, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index finishes at or above downside threshold level, par plus 34%; 1% loss for every 1% that worst performing index declines if it finishes below downside threshold level
Initial levels:	31,392.79 for Dow Jones industrial average, 3,900.86 for S&P 500
Upside payment:	34%
Downside thresholds:	18,835.674 for Dow and 2,340.51 for S&P; 60% of initial levels
Pricing date:	June 10
Settlement date:	June 15
Agent:	Morgan Stanley & Co. LLC
Fees:	3.625%
Cusip:	61774DPL5

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