Morgan Stanley to price buffered PLUS on Dow Jones Industrial Average

By Devika Patel

Knoxville, Tenn., April 11 – Morgan Stanley Finance LLC plans to price 0% buffered Performance Leveraged Upside Securities due April 30, 2024 linked to the Dow Jones Industrial Average, according to an FWP filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

If the index return is positive, the payout at maturity will be par plus at least 126% of the index return, with the exact participation rate to be set at pricing.

Investors will receive par if the index declines by up to 15% and will lose 1% for each 1% decline in the index beyond 15%.

Morgan Stanley & Co. LLC is the agent.

The notes (Cusip: 61768D4K8) will price on April 25 and settle on April 30.

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