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Published on 10/13/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $1.9 million Trigger PLUS linked to Dow, Russell, Nasdaq

New York, Oct. 13 – Morgan Stanley Finance LLC priced $1.9 million of 0% Trigger PLUS due Oct. 12, 2027 linked to the Dow Jones industrial average, the Russell 2000 index and the Nasdaq-100 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 188% of the return of that index.

Investors will receive par if the return of the worst performing index is negative but ends at or above the 80% trigger and will lose 1% for every 1% decline if it ends below the trigger level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Trigger PLUS
Underlying indexes:Dow Jones industrial average, Russell 2000 index and Nasdaq-100 index
Amount:$1,903,000
Maturity:Oct. 12, 2027
Coupon:0%
Price:Par
Payout at maturity:If return of worst performing index is positive, par plus 188% of the gain of that index; par if worst performing index declines but finishes at or above trigger level; otherwise, 1% loss for every 1% decline of the worst performer from initial level
Initial levels:29,926.94 for Dow Jones industrial average, 11,485.50 for Nasdaq-100, 1,752.513 for Russell 2000
Trigger level:23,941.552 for Dow Jones industrial average, 9,188.40 for Nasdaq-100, 1,402.010 for Russell 2000, 80% of initial level
Upside leverage:188%
Pricing date:Oct. 6
Settlement date:Oct. 12
Agent:Morgan Stanley & Co. LLC
Fees:0.25%
Cusip:61774HLP1

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