New Issue: Morgan Stanley sells $250,000 enhanced trigger jump notes on Dow, Russell 2000

By Marisa Wong

Morgantown, W.Va., March 15 – Morgan Stanley Finance LLC priced $250,000 of 0% enhanced trigger jump securities due March 4, 2024 linked to the worst performing of the Dow Jones industrial average and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If each index finishes at or above 70% of its initial level, the payout at maturity will be par plus the greater of the return of the worst performing index and 36%. Otherwise, investors will be fully exposed to any losses of the worst performing index.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced trigger jump securities
Underlying indexes:	Dow Jones industrial average and Russell 2000
Amount:	$250,000
Maturity:	March 4, 2024
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If each index finishes at or above downside threshold, par plus the greater of the return of the worst performing index and 36%; otherwise, full exposure to any losses of the worst performing index
Initial level:	25,916.00 for Dow, 1,575.549 for Russell
Downside threshold:	18,141.20 for Dow, 1,102.884 for Russell; 70% of initial level
Pricing date:	Feb. 28
Settlement date:	March 5
Agent:	Morgan Stanley & Co. LLC
Fees:	1.125%
Cusip:	61768DM77

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