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Published on 4/7/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $1.09 million trigger jump securities linked to two indexes

New York, April 7 – Morgan Stanley Finance LLC priced $1.09 million of 0% trigger jump securities due April 5, 2027 linked to the MSCI Emerging Markets index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the worst performing index is positive, the payout at maturity will be par plus the greater of that index's return and 75%. Investors will receive par if the worst performing index declines but finishes at or above the trigger level and will lose 1% for every 1% that the worst performing index declines if it finishes below the trigger level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Trigger jump securities
Underlying indexes:MSCI Emerging Markets index and Euro Stoxx 50 index
Amount:$1,092,000
Maturity:April 5, 2027
Coupon:0%
Price:Par
Payout at maturity:If return of worst performing index is positive, par plus greater of return of worst performer and 75%; par if worst performing index declines but finishes at or above trigger level; 1% loss for every 1% that worst performing index declines if it finishes below trigger level
Initial levels:1,141.79 for MSCI Emerging Markets index, 3,902.52 for Euro Stoxx 50 index
Upside payment:75%
Trigger:742.164 for MSCI Emerging Markets index, 2,536.638 for Euro Stoxx 50 index, 65% of initial level
Pricing date:March 31
Settlement date:April 5
Agent:Morgan Stanley & Co. LLC
Fees:0.75%
Cusip:61773QFQ7

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