New Issue: Morgan Stanley prices $7.09 million trigger jump securities linked to S&P

Chicago, May 8 – Morgan Stanley Finance LLC priced $7.09 million of 0% trigger jump securities due May 3, 2029 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the index is positive, the payout at maturity will be par plus the greater of the index return and 51%. Investors will receive par if the index declines but finishes at or above the 80% trigger level and will lose 1% for every 1% that the 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 index:	S&P 500 index
Amount:	$7,085,000
Maturity:	May 3, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus greater of index return and 51%; par if index declines but finishes at or above trigger level; 1% loss for every 1% that index declines if it finishes below trigger level
Initial level:	4,169.48
Trigger:	3,335.584, 80% of initial level
Upside payment:	51%
Pricing date:	April 28
Settlement date:	May 3
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	61774XQF3

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