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Published on 2/16/2024 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $3.54 million enhanced trigger jump notes linked to Euro Stoxx

By Angela McDaniels

Tacoma, Wash., Feb. 16 – Morgan Stanley Finance LLC priced $3.54 million of 0% enhanced trigger jump securities due June 30, 2028 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the downside threshold level, 75% of the initial index level, the payout at maturity will be par plus the greater of the index return and 40.1%. Investors will lose 1% for every 1% that the index declines if it finishes below the downside threshold level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Enhanced trigger jump securities
Underlying index:Euro Stoxx 50 index
Amount:$3,544,000
Maturity:June 30, 2028
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above downside threshold level, par plus greater of index return and 40.1%; 1% loss for every 1% that index declines if it finishes below downside threshold level
Initial level:4,305.26
Upside payment:40.1%
Downside threshold:3,228.945, 75% of initial level
Pricing date:June 27, 2023
Settlement date:June 30, 2023
Agent:Morgan Stanley & Co. LLC
Fees:3%
Cusip:61774X3R2

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