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Published on 4/13/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $1.39 million market-linked notes tied to Dow, S&P, Nasdaq

New York, April 13 – Morgan Stanley Finance LLC priced $1.39 million of 0% market-linked notes due April 11, 2028 linked to the Dow Jones industrial average, the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the worst performing index is positive, the payout at maturity will be par plus the return of that index. Otherwise, investors will receive par.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Market-linked notes
Underlying indexes:Dow Jones industrial average, S&P 500 index and Nasdaq-100 index
Amount:$1,392,000
Maturity:April 11, 2028
Coupon:0%
Price:Par
Payout at maturity:If return of worst performing index is positive, par plus that index's return; minimum payout of par
Initial levels:33,485.29 for Dow Jones industrial average, 13,062.60 for Nasdaq-100, 4,105.02 for S&P 500
Pricing date:April 6
Settlement date:April 12
Agent:Morgan Stanley & Co. LLC
Fees:3.125%
Cusip:61774XGB3

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