Morgan Stanley plans enhanced buffered jump securities on three indexes

By Emma Trincal

New York, Feb. 10 – Morgan Stanley Finance LLC plans to price 0% enhanced buffered jump securities due April 1, 2021 linked to the worst-performing of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the final level of each index is greater than 95% of its initial index level, the payout at maturity will be par plus an upside payment of 10% to 12%. The final upside payment will be set at pricing.

Investors will lose 1% for every 1% that the least performing index declines beyond 5%.

Morgan Stanley & Co. LLC is the agent.

The notes (Cusip: 61770FKU9) will price on Feb. 28.

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