New Issue: Morgan Stanley prices $6.2 million buffered PLUS linked to index basket

By William Gullotti

Buffalo, N.Y., April 29 – Morgan Stanley Finance LLC priced $6.2 million of 0% buffered Performance Leveraged Upside Securities due April 26, 2030 linked to an equally weighted basket of indexes consisting of the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of basket is greater than or equal to its initial value, the payout will be par plus 147% of the basket return.

If the basket falls by up to 20%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline of the basket beyond 20%.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying basket:	Euro Stoxx 50 index, S&P 500 index; equal weights
Amount:	$6.2 million
Maturity:	April 26, 2030
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of basket is greater than or equal initial value, par plus 147% of basket return; if the basket falls by no more than 20%, par; otherwise, lose 1% for each 1% of basket decline beyond 20%
Initial levels:	5,008.17 for Stoxx, 5,070.55 for S&P
Buffer level:	80% of initial basket level
Pricing date:	April 23
Settlement date:	April 26
Agent:	Morgan Stanley & Co. LLC
Fees:	2.33%
Cusip:	61776LXQ5

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