Morgan Stanley plans to price jump securities with autocallable feature on indexes

By Emma Trincal

New York, Oct. 18 – Morgan Stanley plans to price 0% jump securities with autocallable feature due Nov. 4, 2027 linked to the worst performing of the S&P 500 index, the Dow Jones industrial average and the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus 17.75% per year if each index closes at or above its initial level on any semiannual determination date after one year.

If each index’s final level is greater than or equal to its initial level, the payout at maturity will be par plus 88.75%.

If the laggard index declines but finishes at or above its 75% downside threshold level, investors will receive par. Otherwise, investors will be fully exposed to the decline of the laggard index from its initial level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Oct. 31 and settle on Nov. 3.

The Cusip number is 61774HSM1.

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