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Published on 2/7/2024 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $450,000 market-linked notes linked to S&P

Chicago, Feb. 7 – Morgan Stanley Finance LLC priced $450,000 of 0% market-linked notes due May 22, 2025 linked to the S&P 500 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 the index return subject to a maximum return of par plus 16%. 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:S&P 500 index
Amount:$450,000
Maturity:May 22, 2025
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus index return subject to a maximum return of par plus 16%; minimum payout of par
Initial level:4,158.77
Upside leverage:100%
Cap:16%
Pricing date:May 17, 2023
Settlement date:May 22, 2023
Agent:Morgan Stanley & Co. LLC
Fees:0%
Cusip:61774X2E2

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