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Published on 12/10/2023 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $250,000 jump notes with autocall feature on three indexes

Chicago, Dec. 11 – Morgan Stanley Finance LLC priced $250,000 of 0% jump notes with autocallable feature due Nov. 2, 2027 linked to the worst performing of the Nasdaq-100 index, the Russell 2000 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.

The notes will be called at par plus a call premium of 6.7% per year if each index closes at or above its initial level on any annual observation date.

If the notes have not been called and each index finishes at or above its initial level, the payout at maturity will be par plus 33.5%.

Otherwise, investors will receive par.

Goldman Sachs & Co. LLC is the agent with Morgan Stanley Wealth Management as dealer.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Jump notes with autocallable feature
Underlying indexes:Nasdaq-100 index, Russell 2000 index and Dow Jones industrial average
Amount:$250,000
Maturity:Nov. 2, 2027
Coupon:0%
Price:Par
Payout at maturity:Par plus 33.5% maturity date premium if each index closes at or above initial level; otherwise, par
Call:At par plus annualized premium of 6.7% if each index closes at or above its initial level on any annual observation date
Initial levels:11,546.21 for Nasdaq, 1,846.921 for Russell, 32,861.80 for Dow
Pricing date:Oct. 28, 2022
Settlement date:Nov. 2, 2022
Agent:Morgan Stanley & Co. LLC
Fees:3.125%
Cusip:61774HUB2

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