New Issue: Morgan Stanley prices $250,000 trigger jump securities linked to Russell, Nasdaq

By Kiku Steinfeld

Chicago, March 22 – Morgan Stanley Finance LLC priced $250,000 of 0% trigger jump securities due March 21, 2024 linked to the Nasdaq-100 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the worst performing index is positive, the payout at maturity will be par plus 26%. Investors will receive par if the worst performing index declines but finishes at or above the trigger level and will lose 1% for every 1% that the worst performing index declines if it finishes below the trigger 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:	Nasdaq-100 index and Russell 2000 index
Amount:	$250,000
Maturity:	March 21, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If return of worst performing index is positive, par plus 26%; par if worst performing index declines but finishes at or above trigger level; 1% loss for every 1% that worst performing index declines if it finishes below trigger level
Initial levels:	15,333.47 for Nasdaq, 2,236.871 for Russell
Triggers:	10,733.429 for Nasdaq, 1,565.810 for Russell, 70% of initial levels
Pricing date:	Sept. 17, 2021
Settlement date:	Sept. 22, 2021
Agent:	Morgan Stanley & Co. LLC
Fees:	0%
Cusip:	61773FVP5

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