New Issue: Morgan Stanley prices $250,000 trigger jump securities linked to Dow

Chicago, Sept. 13 – Morgan Stanley Finance LLC priced $250,000 of 0% trigger jump securities due Aug. 31, 2026 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the index is positive, the payout at maturity will be par plus the greater of the index return and 20%. Investors will receive par if the index declines but finishes at or above the 70% trigger level and will lose 1% for every 1% that the index declines if it finishes 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 jump securities
Underlying index:	Dow Jones industrial average
Amount:	$250,000
Maturity:	Aug. 31, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus greater of index return and 20%; par if index declines but finishes at or above trigger level; 1% loss for every 1% that index declines if it finishes below trigger level
Initial level:	32,283.40
Trigger:	22,598.38, 70% of initial level
Upside payment:	20%
Pricing date:	Aug. 26, 2022
Settlement date:	Aug. 31, 2022
Agent:	Morgan Stanley & Co. LLC
Fees:	2%
Cusip:	61774D4A2

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