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Published on 1/10/2024 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley sells $15.15 million jump equity-linked partial principal at risk notes on Stoxx

By Wendy Van Sickle

Columbus, Ohio, Jan. 10 – Morgan Stanley Finance LLC priced $15.15 million of 0% jump equity-linked partial principal at risk securities due Jan. 4, 2029 linked to the Euro Stoxx 50 index according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The payout at maturity will be par plus the greater of 110% of any index gain and 45%.

If the index finishes flat or falls, investors will receive par plus the index return, subject to a minimum return of $900 per $1,000 of notes.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Jump equity-linked partial principal at risk securities
Underlying index:Euro Stoxx 50
Amount:$15.15 million
Maturity:Jan. 4, 2029
Coupon:0%
Price:Par
Payout at maturity:Par plus greater of 110% of any index gain and 45%; otherwise, par plus index return, subject to minimum payout of 90% of par if index finishes flat or falls
Initial values:4,521.65
Pricing date:Dec. 29
Settlement date:Jan. 4
Agent:Morgan Stanley & Co. LLC
Fees:3.5%
Cusip:61771WHM3

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