New Issue: Morgan Stanley prices $2.41 million buffered PLUS tied to two Stoxx indexes

By William Gullotti

Buffalo, N.Y., Oct. 14 – Morgan Stanley Finance LLC priced $2.41 million of 0% buffered Performance Leveraged Upside Securities due Oct. 14, 2026 linked to the worse performing of the Euro Stoxx 50 index and the Stoxx Europe 600 index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If each index finishes above the initial level, the payout at maturity will be par plus 205% of the gain of the worse performing index.

If either index falls by up to 20%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the laggard index beyond 20%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying indexes:	Euro Stoxx 50 index, Stoxx Europe 600 index
Amount:	$2,414,000
Maturity:	Oct. 14, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 205% of return of worse performing index; if either index falls by up to 20%, par; otherwise, 1% loss for each 1% decline of the laggard index beyond 20%
Initial levels:	4,073.29 for Stoxx 50, 457.29 for Europe 600
Buffer levels:	3,258.632 for Stoxx 50, 365.832 for Europe 600; 80% of initial levels
Pricing date:	Oct. 8
Settlement date:	Oct. 14
Agent:	Morgan Stanley & Co. LLC
Fees:	0.25%
Cusip:	61773F2Z5

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