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Published on 11/21/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $897,000 market-linked notes linked to Morgan Stanley MAP

By Kiku Steinfeld

Chicago, Nov. 21 – Morgan Stanley Finance LLC priced $897,000 of 0% market-linked notes due March 23, 2028 linked to the Morgan Stanley MAP Trend index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 225% of the index return. Otherwise investors will receive par.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Market-linked notes
Underlying index:Morgan Stanley MAP Trend index
Amount:$897,000
Maturity:March 23, 2028
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 225% of index return; minimum payout of par
Initial level:240.35
Upside leverage:225%
Cap:None
Pricing date:March 18
Settlement date:March 23
Agent:Morgan Stanley & Co. LLC
Fees:3.25%
Cusip:61773QDM8

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