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Published on 8/14/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $1.78 million enhanced buffered jump securities on S&P

Chicago, Aug. 14 – Morgan Stanley Finance LLC priced $1.78 million of 0% enhanced buffered jump securities due July 31, 2028 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains or ends above the 85% downside threshold the payout at maturity will be par plus 42.6%.

Investors will lose 1% for every 1% that the index declines beyond the 15% buffer amount.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Enhanced buffered jump securities
Underlying index:S&P 500 index
Amount:$1,783,000
Maturity:July 31, 2028
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above downside threshold level, par plus 42.6%; 1% loss for every 1% that index declines beyond the 15% buffer
Initial level:4,566.75
Downside threshold:3,881.738, 85% of initial level
Buffer:15%
Pricing date:July 26
Settlement date:July 31
Agent:Morgan Stanley & Co. LLC
Fees:3.3%
Cusip:61775HGW1

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