New Issue: Morgan Stanley prices $1.98 million trigger jump securities on two Stoxx indexes

By William Gullotti

Buffalo, N.Y., Jan. 12 – Morgan Stanley Finance LLC priced $1.98 million of 0% trigger jump securities due Aug. 31, 2027 linked to the least performing of the Euro Stoxx 50 index and the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus the greater of the return of the least performing index and the upside payment of 51%.

If any index falls by up to 40%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the worst performer from its initial level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Trigger jump securities
Underlying indexes:	Euro Stoxx 50 index, Stoxx Europe 600 index
Amount:	$1,982,000
Maturity:	Aug. 31, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial level, par plus greater of return of least performing index and 51%; if any index falls by up to 40%, par; otherwise, full exposure to decline of worst performing index from initial level
Initial levels:	4,169.87 for Stoxx 50, 470.34 for Europe 600
Downside threshold levels:	2,501.922 for Stoxx 50, 282.204 for Europe 600; 60% of initial level
Pricing date:	Aug. 26
Settlement date:	Aug. 31
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	61773FQF3

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