Morgan Stanley Finance LLC is offering structured securities priced at $1,000 per security, tied to the S&P 500 Futures 40% Intraday 4% Decrement VT Index. Investors receive contingent coupons only if the closing level reaches the coupon barrier, while principal remains at risk and early Redemption can end payments.

Key Highlights

  • The securities are due October 14, 2031.
  • Morgan Stanley fully and unconditionally guarantees the unsecured obligations of Morgan Stanley Finance LLC.
  • That estimate may vary by no more than $55.00 from the stated amount.

Morgan Stanley (NYSE: MS) is an Investment managers company. The securities carry principal-at-risk terms and are due October 14, 2031.

Contingent Coupons and Early Redemption

The securities do not provide regular interest payments. A contingent coupon is payable only when the underlier’s closing level is at least the coupon barrier. The securities cannot be automatically redeemed before the first redemption determination date. On an eligible determination date, a closing level at or above the call threshold triggers automatic redemption and the related early redemption payment. No further payments are made after that redemption.

Principal-at-Risk Structure

The securities involve risks that do not apply to ordinary Debt securities. Morgan Stanley Finance LLC’s obligations are unsecured, while Morgan Stanley provides a full and unconditional guarantee.