Morgan Stanley filings document the company’s financial services business, capital structure, governance and material events. The record includes 8-K reports for current events, proxy materials for annual meeting and shareholder voting matters, and securities listings covering common stock, depositary preferred shares and medium-term notes associated with Morgan Stanley Finance LLC.
Filings also disclose governance procedures, registered security classes, NYSE listing information, preferred stock series, debt-security registration matters and formal status changes such as a Form 25 notice for removal of a listed note class from exchange registration.
Morgan Stanley Finance LLC, fully and unconditionally guaranteed by Morgan Stanley, is offering Buffered Jump Securities with Auto-Callable Feature and Downside Factor linked to the Global X Defense Tech ETF, each with a $1,000 stated principal amount, issued at $1,000 and maturing on August 3, 2028.
If the ETF is at or above a 100% call threshold on the August 13, 2027 determination date, the notes are automatically redeemed for at least $1,138.50 per security. Otherwise, at maturity investors receive $1,000 plus 125% of any ETF appreciation; $1,000 if the ETF is down but by no more than 15%; or a leveraged loss of 1.1765% of principal for each 1% decline beyond the 15% buffer, with no minimum repayment.
The estimated value on the pricing date is about $976.50 per security, reflecting issuing, selling, structuring and hedging costs. Holders take the unsecured credit risk of Morgan Stanley, face limited secondary-market liquidity, and the U.S. federal tax treatment as prepaid financial contracts, including potential "constructive ownership" and Section 871(m) issues, is described as uncertain.
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities due January 21, 2028, linked to the worst performer of the Dow Jones Industrial Average, the Nasdaq-100 Technology Sector Index and the Russell 2000 Index, and fully and unconditionally guaranteed by Morgan Stanley. These unsecured principal at risk notes have a stated principal of $1,000 per security and an estimated value of approximately $984.20 on the pricing date.
Investors may receive a 12.30% per annum contingent coupon, paid only if on each observation date all three indices close at or above 70% of their initial levels (the coupon barrier). From April 22, 2027, the issuer may redeem the notes on specified monthly dates if a risk neutral valuation model indicates calling is economically rational, after which no further payments are made. If the notes are not called and, at maturity, any index is below its 70% downside threshold, the repayment of principal is reduced 1% for every 1% decline of the worst-performing index and can be zero. Payments depend on Morgan Stanley’s credit, and secondary market liquidity is not assured.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk Enhanced Buffered Jump Securities linked to the S&P 500 Index. Each note has a $1,000 stated principal amount, pays no interest and is scheduled to mature on August 18, 2027.
At maturity, if the S&P 500 final level is at or above the buffer level of 85% of the initial level, investors receive $1,000 plus a fixed upside payment of at least $77.50 (7.75%) per note. If the final level is below the buffer level, investors lose 1.1765% of principal for every 1% decline beyond the 15% buffer, with no minimum repayment, so the entire investment can be lost. The notes are unsecured obligations subject to Morgan Stanley’s credit risk, have an estimated value of about $984.10 per $1,000 on the pricing date, may trade at prices below issue price, and feature complex and uncertain U.S. tax treatment.
Morgan Stanley Finance LLC is offering Variable Income Auto-Callable Notes due July 31, 2031, linked to the worst performing of Salesforce, NVIDIA and Tesla common stocks, and fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and an issue price of $1,000.
Investors receive a variable coupon: a higher rate of 9.25% per annum if on an observation date each underlier is at or above its coupon barrier (77.50% of its initial level), otherwise a lower rate of 0.25% per annum. The notes are automatically redeemed if, on designated redemption determination dates, each underlier is at or above 95% of its initial level, paying principal plus the higher coupon; no further payments occur afterward. If not called, principal is repaid at maturity, in addition to the final coupon, all subject to Morgan Stanley’s credit risk. The structure is based on the worst performing underlier, offers no participation in stock appreciation, has an estimated value of approximately $942.40 per note, will not be listed on any exchange and may have limited secondary market liquidity.
Morgan Stanley Finance LLC is offering $23,333,000 of Buffered Digital Basket-Linked Notes due September 29, 2028, fully and unconditionally guaranteed by Morgan Stanley. Each $1,000 note is unsecured, pays no interest and is principal-at-risk, linked to a weighted basket of the EURO STOXX 50, TOPIX, FTSE 100, Swiss Market Index and S&P/ASX 200.
At maturity, investors receive for each $1,000 the following: if the basket return is zero or positive, the greater of the Threshold Settlement Amount of $1,238.50 (123.850% of face) or $1,000 plus 100% of the basket return; if the basket is down by up to 10%, $1,000; if it is down more than 10%, $1,000 plus 1.1111 times the loss beyond 10%, which can result in a total loss of principal. The initial basket level is 100, with a 10% buffer and Buffer Level at 90. The estimated value on the trade date is $990.40 per note versus the $1,000 issue price. The notes are not listed, secondary trading may be limited, and all payments depend on Morgan Stanley Finance LLC and Morgan Stanley credit.
Morgan Stanley Finance LLC is offering Contingent Income Buffered Auto-Callable Securities due July 20, 2028, linked to the worst performer of the Dow Jones Industrial Average and the State Street Technology Select Sector SPDR ETF, fully and unconditionally guaranteed by Morgan Stanley. Each security has a $1,000 principal amount and pays a 7.65% per annum contingent coupon only if on the relevant observation date the closing level of each underlier is at or above its coupon barrier (80% of its initial level).
The notes may be automatically redeemed on specified dates starting July 20, 2027 if each underlier is at or above its 100% call threshold, in which case holders receive $1,000 plus the applicable coupon and no further payments. If held to maturity and each final underlier level is at or above its 75% buffer level, investors receive full principal (plus any final coupon). If the worst-performing underlier finishes below its buffer, principal is reduced 1% for every 1% decline beyond the 25% buffer, but not below a minimum payment of 25% of principal. The issuer’s estimated value on the pricing date is approximately $963.50 per security, reflecting issuance, selling, structuring and hedging costs, and all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC is offering Variable Income Auto-Callable Notes due July 31, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and pays a variable monthly coupon: a higher rate of 13.00% per annum or a lower rate of 0.25% per annum, depending on the performance of four underlying stocks (Qualcomm, Palantir Technologies, Netflix and Broadcom).
The higher coupon is paid only if on an observation date the closing level of each underlier is at or above its coupon barrier level (75% of its initial level); otherwise only the lower coupon is paid. Starting July 29, 2027, the notes are automatically redeemed if each underlier is at or above its call threshold level (90% of its initial level), returning principal plus the higher coupon for that period. If not redeemed early, investors receive principal at maturity plus the applicable final coupon. The payoff is based on the worst-performing underlier, and investors do not participate in any equity upside. All payments are subject to Morgan Stanley’s credit risk, and the estimated value on the pricing date is approximately $938.30 per note, below the $1,000 issue price.
Morgan Stanley Finance LLC is offering Series A Global Medium-Term Contingent Income Auto-Callable Notes due July 31, 2031, fully and unconditionally guaranteed by Morgan Stanley. Each note has a stated principal amount and issue price of $1,000 and is linked on a “worst performing” basis to Alphabet Class C, Oracle, Meta Platforms Class A and Broadcom common stock.
The notes pay a contingent coupon at 11.25% per annum, only if on an observation date the closing level of each underlier is at or above its coupon barrier level, set at 75% of its initial level. Starting with the first redemption determination date on July 29, 2027, the notes are automatically redeemed if the closing level of each underlier is at or above its call threshold level, 90% of its initial level, for repayment of principal plus the applicable coupon.
If not called, investors receive the $1,000 principal at maturity, plus the final contingent coupon if the barrier condition is met, regardless of underlier declines. The indicative estimated value on the pricing date is approximately $935.70 per note, below the issue price, reflecting structuring and hedging costs. Investors face issuer and guarantor credit risk, the possibility of receiving no coupons over the life of the notes, limited secondary liquidity, and potential U.S. tax treatment as variable rate or contingent payment debt instruments.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering structured Contingent Income Auto-Callable Notes due July 31, 2031, each with a $1,000 stated principal amount. The notes pay a 10.35% per annum contingent coupon, credited on monthly coupon payment dates only if, on the related observation date, the Class C stock of Alphabet, common stock of Bank of America and NVIDIA, and ADSs of Taiwan Semiconductor are all at or above their respective coupon barrier levels, set at 80% of each initial level.
The notes may be automatically redeemed on monthly early redemption dates starting on July 29, 2027 if, on the relevant redemption determination date, each underlier is at or above its call threshold level, equal to 100% of its initial level$1,000 principal plus a final contingent coupon if every underlier is at or above its coupon barrier level on the final observation date.
The notes are unsecured obligations of MSFL and expose holders to the credit risk of Morgan Stanley and MSFL, lack of market liquidity, and the possibility of receiving few or no coupons. The estimated value on the pricing date is approximately $942.40 per note, reflecting issuing, selling, structuring and hedging costs borne by investors.
Morgan Stanley Finance LLC, fully guaranteed by Morgan Stanley, is offering principal-at-risk structured notes linked to the class A common stock of Meta Platforms, Inc. The notes have a stated principal amount and issue price of $1,000 per security and pay a contingent coupon at an annual rate of 12.20% only when Meta’s closing price on an observation date is at or above a coupon barrier set at 60% of the initial level.
The notes are subject to automatic early redemption on specified dates if Meta’s closing price is at or above a call threshold equal to 100% of the initial level, in which case investors receive principal plus the applicable coupon and any unpaid coupons, and the notes terminate. If held to maturity and not previously redeemed, investors receive principal back only if the final level is at or above a downside threshold set at 60% of the initial level; otherwise they lose 1% of principal for each 1% decline in Meta’s price, with potential total loss.
The estimated value on the pricing date is approximately $979.10 per security, below the $1,000 issue price due to issuance, structuring and hedging costs borne by investors. The notes carry Morgan Stanley credit risk, may have limited or no secondary market liquidity, and have complex and uncertain U.S. federal income tax treatment, including possible 30% withholding on coupons for certain non-U.S. holders.