Morgan Stanley to price autocallable jump notes on MAP Trend index

By Sarah Lizee

Olympia, Wash., May 13 – Morgan Stanley Finance LLC plans to price 0% jump notes with autocallable feature due June 5, 2024 linked to the Morgan Stanley MAP Trend index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Morgan Stanley.

The notes will be automatically called at par plus an early redemption premium of 8% per year if the index closes at or above the applicable redemption threshold on any of the first seven annual determination dates. The redemption threshold is 102% of the initial index level for the first determination date and steps up by 200 basis points each year to a redemption threshold of 108% for the fourth determination date.

If the notes have not been called, the payout at maturity will be par plus any index gain. If the index finishes flat or falls, the payout will be par.

Morgan Stanley & Co. LLC is the agent.

The notes will price on May 31.

The Cusip number is 61768D7X7.

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