Morgan Stanley plans enhanced trigger jump notes on three indexes

By Sarah Lizee

Olympia, Wash., Oct. 10 – Morgan Stanley Finance LLC plans to price 0% enhanced trigger jump securities with daily trigger monitoring due Oct. 19, 2020 linked to the least performing of the Nasdaq-100 index, the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

If each index closes at or above its 75% downside threshold on every trading day during the life of the notes, the payout at maturity will be par plus the upside payment of 11%.

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

Morgan Stanley & Co. LLC is the agent.

The notes will price on Oct. 11.

The Cusip number is 61769HZJ7.

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