New Issue: Morgan Stanley prices $500,000 enhanced trigger jump notes on indexes

By Susanna Moon

Chicago, Oct. 13 – Morgan Stanley Finance LLC priced $500,000 of 0% enhanced trigger jump securities due Oct. 4, 2022 linked to the least performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its 50% downside threshold, the payout at maturity will be par plus the upside payment of 18%.

Otherwise, investors will be fully exposed to any losses of the worse performing index.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced trigger jump securities
Underlying indexes:	Russell 2000 index, S&P 500 index
Amount:	$500,000
Maturity:	Oct. 4, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each index ends at or above downside threshold, par plus 18%; otherwise, par plus return of worse performing index
Call:	At par plus contingent coupon if each index closes at or above initial level on any review date other than first, second, third and final dates
Initial levels:	1,490.861 for Russell, 2,519.36 for S&P
Triggers:	745.431 for Russell, 1,259.68 for S&P; 50% of initial levels
Pricing date:	Sept. 29
Settlement date:	Oct. 4
Agent:	Morgan Stanley & Co. LLC
Fees:	1%
Cusip:	61768CQL4

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