Morgan Stanley plans enhanced trigger jump notes on Microsoft

By Sarah Lizee

Olympia, Wash., Feb. 20 – Morgan Stanley Finance LLC plans to price 0% enhanced trigger jump securities due March 10, 2021 linked to Microsoft Corp., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the final stock level is greater than or equal to the downside threshold level, 80% of the initial stock level, the payout at maturity will be par plus 8%. Otherwise, investors will lose 1% for every 1% that the stock declines from its initial level.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Feb. 21.

The Cusip number is 61770FMB9.

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