Morgan Stanley plans buffered jump securities tied on Stoxx, Russell

By Sarah Lizee

Olympia, Wash., Aug. 22 – Morgan Stanley Finance LLC plans to price 0% buffered jump securities due Aug. 29, 2024 linked to the Euro Stoxx 50 index and the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the final level of each index is greater than the initial index level, the payout at maturity will be par plus the upside payment of 50% to 55%.

Investors will receive par if either index declines by 15% or less and will lose 1% for every 1% that the lesser performing index declines beyond 15%.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Aug. 26.

The Cusip number is 61769HRL1.

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