Morgan Stanley plans trigger jump securities linked to MSCI EM, Stoxx

By Emma Trincal

New York, July 15 – Morgan Stanley Finance LLC plans to price 0% trigger jump securities due July 30, 2026 linked to the worst performing of the Euro Stoxx 50 index and the MSCI Emerging Markets index, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If each index finishes above its initial level, the payout at maturity will be par plus the greater of the lesser-performing index’s return and the upside payment of 50% to 55%. The exact upside payment will be set at pricing.

If the final level of either index is less than or equal to its initial level but the final level of each index is greater than or equal to its trigger level, the payout will be par. For each index, the trigger level is 70% of its initial level.

If the final level of either index is less than its trigger level, investors will be exposed to the decline of the lesser-performing index from its initial level.

Morgan Stanley & Co. LLC is the agent.

The Cusip number is 61773FCJ0.

The notes will price on July 27 and settle on July 30.

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