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Published on 5/15/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $315,000 PLUS linked to S&P 500

New York, May 15 – Morgan Stanley Finance LLC priced $315,000 of 0% PLUS due June 4, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return subject to a maximum return of par plus 63%. Investors will lose 1% for every 1% that it declines.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:PLUS
Underlying index:S&P 500 index
Amount:$315,000
Maturity:June 4, 2026
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 200% of index return subject to a maximum return of par plus 63%; 1% loss for every 1% that index declines
Initial level:4,132.15
Upside leverage:200%
Cap:63%
Pricing date:May 31, 2022
Settlement date:June 3, 2022
Agent:Morgan Stanley & Co. LLC
Fees:0%
Cusip:61774DFT9

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