Morgan Stanley plans trigger jump notes tied to S&P, Russell, Dow

By Susanna Moon

Chicago, Nov. 28 – Morgan Stanley Finance LLC plans to price 0% trigger jump securities due June 5, 2025 linked to the worse performing of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par of $10 plus the upside return of 92.5%.

If either index falls by up to its 70% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses of the worse performing index.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Nov. 29.

The Cusip number is 61768DRD9.

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