New Issue: Morgan Stanley prices $250,000 floating rate notes on two-year SOFR ICE rate

Chicago, Dec. 7 – Morgan Stanley priced $250,000 of floating rate notes due Oct. 31, 2025 linked to the two-year U.S. Dollar SOFR ICE swap rate, according to a 424B2 filing with the Securities and Exchange Commission.

The interest rate will be equal to the two-year ICE rate, subject to a floor of 4% and reset quarterly. Interest will be paid quarterly.

The payout at maturity will be par.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Floating rate notes
Underlying rate:	Two-year U.S. Dollar SOFR ICE swap rate
Amount:	$250,000
Maturity:	Oct. 31, 2025
Coupon:	Two-year dollar SOFR ICE rate, subject to floor of 4%, reset quarterly; payable quarterly
Price:	Par
Payout at maturity:	Par
Pricing date:	Oct. 27, 2022
Settlement date:	Oct. 31, 2022
Agent:	Morgan Stanley & Co. LLC
Fees:	1%
Cusip:	61760QNN0

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