Morgan Stanley to price autocallable jump securities on indexes

By Sarah Lizee

Olympia, Wash., Aug. 31 – Morgan Stanley Finance LLC plans to price 0% jump securities with autocallable feature due Sept. 5, 2025 linked to the worst performing of the Russell 2000 index, the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The notes will be called at par plus an annual premium of 7.5% if each index closes at or above its initial level on any annual observation date.

If each index finishes at or above its initial level, the payout will be par plus 37.5%. If the worst performing index declines by up to 40%, the payout will be par. If the worst performing index finishes below its 60% downside threshold level, investors will be fully exposed to the decline.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Sept. 1.

The Cusip number is 61771BT46.

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