New Issue: Morgan Stanley sells $1.43 million trigger jump notes on index, ETF

By Sarah Lizee

Olympia, Wash., Jan. 31 – Morgan Stanley Finance LLC priced $1.43 million of 0% trigger jump securities due Jan. 30, 2025 linked to the worst performing of the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If each asset finishes at or above its initial level, the payout will be the greater of par plus 2.1 times the return of the lesser performing asset and par plus 40%.

If either asset falls by up to 50%, the payout at maturity will be par.

If any asset finishes below 50% of its initial level, investors will be fully exposed to the decline of the least performing asset from its initial level.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Trigger jump securities
Underlying assets:	Euro Stoxx 50 index and iShares MSCI EAFE ETF
Amount:	$1,426,000
Maturity:	Jan. 30, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each asset finishes at or above its initial level, par plus 2.1 times the return of the lesser performing asset and par plus 40%; if either asset falls by up to downside threshold, par; if any asset finishes below downside threshold, investors will be fully exposed to the decline of the least performing asset from its initial level
Initial levels:	3,677.84 for index, $68.05 for ETF
Downside thresholds:	1,838.92 for index, $34.025 for ETF; 50% of initial levels
Pricing date:	Jan. 27
Settlement date:	Jan. 30
Agent:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61770FEB8

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