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

New Issue: Morgan Stanley sells $1.76 million enhanced trigger jump securities on Stoxx 600

Chicago, Aug. 14 – Morgan Stanley Finance LLC priced $1.76 million of 0% enhanced trigger jump securities due July 31, 2028 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains or ends above the 75% downside threshold, the payout at maturity will be par plus the greater of the index return and 35.25%. Investors will lose 1% for every 1% that the index declines if it finishes below the downside threshold level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Enhanced trigger jump securities
Underlying index:Stoxx Europe 600 index
Amount:$1,763,000
Maturity:July 31, 2028
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above downside threshold level, par plus greater of the index return and 35.25%; 1% loss for every 1% that index declines if it finishes below downside threshold level
Initial level:465.46
Downside threshold:349.095, 75% of initial level
Upside payment:35.25%
Pricing date:July 26
Settlement date:July 31
Agent:Morgan Stanley & Co. LLC
Fees:3%
Cusip:61775HJK4

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