Chicago, April 22 – Morgan Stanley Finance LLC priced $780,000 of jump securities with autocallable feature due Jan. 28, 2026 linked to S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The securities will be called automatically at a price of $1,090.00 per $1,000 principal amount if the level of the underlying index is greater than or equal to its initial level on Jan. 22, 2025.
If the index return is positive, the payout at maturity will be par plus 150% of the index return.
Investors will receive par if the index declines but not more than 15%.
Otherwise, investors will have a 1.1765% loss for each 1% decline beyond the 15% buffer.
The notes are guaranteed by Morgan Stanley.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley Finance LLC
|
| Guarantor: | Morgan Stanley
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| Issue: | Jump securities with autocallable feature
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| Underlying index: | S&P 500 index
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| Amount: | $780,000
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| Maturity: | Jan. 28, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index return is positive, par plus 150% of index return; par if index declines but not beyond buffer level; otherwise, 1.1765% loss for each 1% decline beyond 15% buffer
|
| Call: | Automatically at a price of $1,090.00 per $1,000 principal amount if the level of the underlying index is greater than or equal to its initial level on Jan. 22, 2025
|
| Initial level: | 4,850.43
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| Buffer level: | 4,122.866, 85% of initial level
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| Upside leverage: | 150%
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| Pricing date: | Jan. 23
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| Settlement date: | Jan. 26
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| Agent: | Morgan Stanley & Co. LLC
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| Fees: | 0.1%
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| Cusip: | 61771WSE9
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