Morgan Stanley plans autocallable jump securities tied to Stoxx, S&P

New York, May 4 – Morgan Stanley Finance LLC plans to price 0% jump securities with autocallable feature due June 2, 2023 linked to the worse performing of the Euro Stoxx 50 index and the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

Beginning Nov. 29, 2018, the securities will be automatically called at par plus an early redemption payment at an annual rate of 10% to 11% if both indexes close at or above their initial values on any quarterly determination date. The exact redemption payment will be set at pricing.

If both indexes end at or above their initial values the payout at maturity will be $1,500 to $1,500 per $1,000 principal amount. The exact payment will be set at pricing.

The payout will be par if either index declines but both finish at or above their downside threshold levels, 60% of their initial values.

The notes will give full exposure to the decline of the worse performing index if either index ends below its downside threshold.

Morgan Stanley is the agent.

The notes will be guaranteed by Morgan Stanley.

Pricing is scheduled for May 29 and settlement will follow on May 31.

The Cusip number is 61768C2G1.

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