New Issue: Morgan Stanley sells $330,000 enhanced buffered jump notes tied to three indexes

By William Gullotti

Buffalo, N.Y., April 8 – Morgan Stanley Finance LLC priced $330,000 of 0% enhanced buffered jump securities due May 4, 2023 linked to the performance of the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If each index finishes at or above the 85% downside threshold, the payout at maturity will be par plus the fixed upside payment of 9.75%.

Otherwise, investors will be exposed to the decline of the worst performer beyond 15%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced buffered jump securities
Underlying indexes:	Dow Jones industrial average, Nasdaq-100 index, Russell 2000 index
Amount:	$330,000
Maturity:	May 4, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above 85% downside threshold, par plus 9.75%; otherwise, 1% loss per 1% decline of worst performer beyond 15%
Initial levels:	34,678.35 for Dow, 14,838.49 for Nasdaq, 2,070.125 for Russell
Downside thresholds:	29,476.598 for Dow, 12,612.717 for Nasdaq, 1,759.606 for Russell; 85% of initial levels
Pricing date:	March 31
Settlement date:	April 5
Agent:	Morgan Stanley & Co. LLC
Fees:	0.375%
Cusip:	61773QTH2

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