New Issue: Morgan Stanley prices $1.82 million buffered PLUS linked to Euro Stoxx 50

By Kiku Steinfeld

Chicago, Nov. 20 – Morgan Stanley Finance LLC priced $1.82 million of 0% buffered Performance Leveraged Upside Securities due Oct. 31, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return. Investors will receive par if the index declines by 25% or less and will lose 1% for every 1% that it declines beyond 25%.

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 index:	Euro Stoxx 50
Amount:	$1,815,000
Maturity:	Oct. 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of index return; par if index declines by 25% or less; 1% loss for every 1% that index declines beyond 25%
Initial level:	3,625.69
Buffer level:	2,719.268, 75% of initial level
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Agent:	Morgan Stanley & Co. LLC
Fees:	3.3%
Cusip:	61769HXD2

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