Morgan Stanley plans enhanced buffered jump notes on Russell 2000

New York, May 4 – Morgan Stanley Finance LLC plans to price 0% enhanced buffered jump securities due May 27, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If the index finishes at or above its 85% downside threshold, the payout at maturity will be par plus the fixed upside return of 16.75% to 18.75%. The exact amount of the fixed return will be set at pricing.

Otherwise, investors will be exposed to any losses beyond the 15% buffer.

Morgan Stanley & Co. LLC is the agent.

The notes will price on May 24 and settle on May 30.

The Cusip number is 61768C2C0.

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