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Published on 5/13/2022 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $8.95 million enhanced trigger jump securities on S&P, Dow

New York, May 13 – Morgan Stanley Finance LLC priced $8.95 million of 0% enhanced trigger jump securities due Sept. 15, 2027 linked to the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains or ends above the downside threshold the payout at maturity will be par plus the greater of the worst performing index return and 40.34%. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the downside threshold level.

The notes are guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley Finance LLC
Guarantor:Morgan Stanley
Issue:Enhanced trigger jump securities
Underlying indexes:S&P 500 index and Dow Jones industrial average
Amount:$8,951,000
Maturity:Sept. 15, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above downside threshold level, par plus greater of the worst performing index return and 40.34%; 1% loss for every 1% that worst performing index declines if it finishes below downside threshold level
Initial level:32,160.74 for Dow Jones industrial average, 4,001.05 for S&P 500
Upside payment:40.34%
Downside threshold:22,512.518 for Dow Jones industrial average, 2,800.735 for S&P 500, 70% of initial level
Pricing date:May 10
Settlement date:May 13
Agent:Morgan Stanley & Co. LLC
Fees:0%
Cusip:61774DCB1

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