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Published on 11/28/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $9.94 million capped leveraged buffered notes tied to index basket

Chicago, Nov. 28 – Morgan Stanley Finance LLC priced $9.94 million of 0% capped leveraged buffered basket-linked notes due Sept. 18, 2025, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 36% weight, the Tokyo Stock Price index with a 26% weight, the FTSE 100 index with a 17% weight, the Swiss Market index with a 12% weight and the S&P/ASX 200 index with a 9% weight.

If the basket return is positive, the payout at maturity will be par plus 300% of the basket return, subject to a maximum settlement amount of $1,411.30 per $1,000 principal amount of notes.

Otherwise, investors will be fully exposed to the losses of the basket.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Capped leveraged buffered basket-linked notes
Underlying basket:Euro Stoxx 50 index (36% weight), Tokyo Stock Price index (26% weight), FTSE 100 index (17% weight), Swiss Market index (12% weight) and S&P/ASX 200 index (9% weight)
Amount:$9,942,000
Maturity:Sept. 18, 2025
Coupon:0%
Price:Par
Payout at maturity:If basket return is positive, par plus 300% of basket return, subject to maximum return of 41.13%; otherwise, full exposure to losses of basket
Initial levels:4,331.90 for Stoxx, 2,367.79 for Tokyo, 7,481.99 for FTSE, 10,782.23 for Swiss, 7,078.207 for ASX
Pricing date:Nov. 21
Settlement date:Nov. 29
Agent:Morgan Stanley & Co. LLC
Fees:1.84%
Cusip:61775MB70

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