New Issue: Morgan Stanley prices $750,000 enhanced buffered jump notes on Petrobras

By Kiku Steinfeld

Chicago, March 15 – Morgan Stanley Finance LLC priced $750,000 of 0% enhanced buffered jump securities due Sept. 29, 2023 linked to the American Depositary Shares of Petróleo Brasileiro SA, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the stock finishes at or above its 70% buffer level, the payout at maturity will be par plus 35.5%.

Otherwise, investors will lose 1.4286% for every 1% decline beyond 30%.

Morgan Stanley & Co. LLC is the agent and J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA is the placement agent.

Issuer:	Morgan Stanley Finance LLC
Guarantor:	Morgan Stanley
Issue:	Enhanced buffered jump securities
Underlying stock:	Petróleo Brasileiro SA (NYSE: PBR)
Amount:	$750,000
Maturity:	Sept. 29, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If stock finishes at or above buffer level, par plus 35.5%; otherwise, 1.4286% loss for every 1% decline beyond 30%
Initial level:	$13.90
Buffer level:	70% of initial level
Pricing date:	Sept. 13, 2022
Settlement date:	Sept. 15, 2022
Agents:	Morgan Stanley & Co. LLC with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agent
Fees:	1%
Cusip:	61774HCV8

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