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Published on 9/30/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $1.55 million buffered PLUS linked to Dow Jones industrial, S&P 500, Russell 2000

New York, Sept. 30 – Morgan Stanley Finance LLC priced $1.55 million of 0% buffered PLUS due Sept. 30, 2027 linked to the Dow Jones industrial average, S&P 500 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the worst performing index is positive, the payout at maturity will be par plus 120% of the return of that index. Investors will receive par if the worst performing index declines by 30% or less and will lose 1% for every 1% that the worst performing index 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:Buffered PLUS
Underlying indexes:Dow Jones industrial average, S&P 500 index and Russell 2000 index
Amount:$1,548,000
Maturity:Sept. 30, 2027
Coupon:0%
Price:Par
Payout at maturity:If return of worst performing index is positive, par plus 120% of that index's return; par if worst performing index declines by 30% or less; 1% loss for every 1% that worst performing index declines beyond 30%
Initial levels:29,134.99 for Dow Jones industrial average, 1,662.509 for Russell 2000, 3,647.29 for S&P 500
Buffer level:20,394.493 for Dow Jones industrial average, 1,163.756 for Russell 2000 index, 2,553.103 for S&P 500 index, 70% of initial level
Upside leverage:120%
Cap:None
Pricing date:Sept. 27
Settlement date:Sept. 30
Agent:Morgan Stanley & Co. LLC
Fees:4.192%
Cusip:61774D6P7

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