New Issue: Morgan Stanley prices $750,000 enhanced buffered jump securities linked to Petrobras

By Angela McDaniels

Tacoma, Wash., July 20 – Morgan Stanley Finance LLC priced $750,000 of 0% enhanced buffered jump securities due Sept. 29, 2023 linked to the Petroleo Brasileiro SA, according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than or equal to 70% of the initial share price, the payout at maturity will be par plus 35.5%. Otherwise, investors will lose 1.4286% for every 1% that the share price declines beyond 30%.

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 stock:	Petroleo Brasileiro SA
Amount:	$750,000
Maturity:	Sept. 29, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 35.5% if final share price is greater than or equal to buffer level; otherwise, 1.4286% loss for every 1% that share price declines beyond 30%
Initial share price:	$13.90
Buffer level:	$9.73, or 70% of initial share price
Strike date:	Sept. 12, 2022
Pricing date:	Sept. 13, 2022
Settlement date:	Sept. 15, 2022
Agent:	Morgan Stanley & Co. LLC
Fees:	1%
Cusip:	61774HCV8

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