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Published on 6/7/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $1.24 million trigger PLUS on Stoxx indexes

Chicago, June 7 – Morgan Stanley Finance LLC priced $1.24 million of 0% trigger Performance Leveraged Upside Securities due Nov. 3, 2026 linked to the worst performing of the Euro Stoxx 50 index and Stoxx Europe 600 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 285% of the return of the worst performing index. Investors will receive par if the return of the worst performing index is negative but ends at or above the 70% trigger and will lose 1% for every 1% decline if it ends below the trigger level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Trigger Performance Leveraged Upside Securities
Underlying indexes:Euro Stoxx 50 index and Stoxx Europe 600 index
Amount:$1.24 million
Maturity:Nov. 3, 2026
Coupon:0%
Price:Par
Payout at maturity:If return of worst performing index is positive, par plus 285% of the gain of the worst performing index; par if worst performing index declines but finishes at or above trigger level; 1% loss for every 1% decline if worst performing index finishes below trigger level
Initial levels:4,250.56 for Euro Stoxx 50, 475.51 for Stoxx Europe 600
Trigger levels:2,975.392 for Euro Stoxx 50, 332.857 for Stoxx Europe 600, 70% of initial levels
Upside leverage:285%
Cap:None
Pricing date:Oct. 29, 2021
Settlement date:Nov. 3, 2021
Agent:Morgan Stanley & Co. LLC
Fees:0.6%
Cusip:61773HCW7

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