New Issue: Morgan Stanley sells $7.62 million enhanced trigger jump securities on Dow, S&P

By William Gullotti

Buffalo, N.Y., Oct. 7 – Morgan Stanley Finance LLC priced $7.62 million of 0% enhanced trigger jump securities due Oct. 4, 2022 linked to the performance of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the each index’s final level is greater than or equal to the downside threshold level, 70% of initial level, the payout at maturity will be par plus 5.5%. Otherwise, investors will lose 1% for every 1% that the worst performer declines from its initial level.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced trigger jump securities
Underlying indexes:	Dow Jones industrial average, S&P 500 index
Amount:	$7,621,000
Maturity:	Oct. 4, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each index’s final level is greater than or equal to downside threshold level, par plus 5.5%; otherwise, 1% loss for every 1% that the worst performer declines from initial level
Initial levels:	34,798.00 for Dow, 4,455.48 for S&P
Downside thresholds:	24,358.6 for Dow, 3,118.836 for S&P; 70% of initial levels
Pricing date:	Sept. 24
Settlement date:	Oct. 1
Agent:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61773FJ79

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