Morgan Stanley to price trigger gears due 2026 linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., March 29 – Morgan Stanley Finance LLC plans to price 0% trigger gears due April 30, 2026 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 2.0 to 2.2 times the index return. The exact upside gearing will be set at pricing. Investors will receive par if the index declines by 35% or less and be fully exposed to the index’s decline from its initial level if it declines by more than 35%.

Morgan Stanley & Co. LLC is the agent. UBS Financial Services Inc. is acting as dealer.

The notes are expected to price April 27.

The Cusip number is 61766B218.

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