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 offers callable Jump Notes due July 3, 2031, fully guaranteed by Morgan Stanley. The notes are sold at $1,000 per note (aggregate $363,000) with an estimated value of $967.50 on the pricing date. The notes pay no regular interest and are linked to the worst performing of the Russell 2000® Index and the S&P 500® Index.
The notes may be redeemed early beginning on the first redemption date July 7, 2027 if a risk neutral valuation model shows redemption is economically rational; each redemption date has a fixed cash redemption payment that increases over time (for example, $1,120 on July 7, 2027 up to $1,590 on June 4, 2031). If not redeemed, maturity payoff equals stated principal plus an upside payment equal to 115% × underlier percent change of the worst performing underlier if both final levels exceed their initial levels; otherwise you receive only the stated principal. All payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC priced a structured note offering: Dual Directional Buffered PLUS securities tied to the S&P 500® Index with an aggregate principal amount of $1,049,000 and a stated principal amount of $1,000 per security. The notes mature on July 6, 2029 and are fully and unconditionally guaranteed by Morgan Stanley.
Terms include a 300% leverage factor on upside subject to a maximum payment of $1,307.50 per security, a 10% buffer (initial level 7,499.36; buffer level 6,749.424), and a minimum payment at maturity of 10% of principal. The estimated value on the pricing date was $979.80 per security and all payments are subject to issuer credit risk.
Morgan Stanley Finance LLC is offering Buffered PLUS structured notes fully and unconditionally guaranteed by Morgan Stanley with an aggregate principal amount of $609,000 and a stated principal amount of $1,000 per security. The securities reference the S&P 500® Index, have an observation date of June 30, 2031 and mature on July 3, 2031. The terms include a 125% leverage factor on upside (subject to a maximum payment of $1,664), a 15% buffer (buffer level = 85% of initial level), and a minimum payment at maturity of 15% of principal. The issue price is $1,000 and the estimated value on the pricing date was $977.30. All payments are subject to issuer and guarantor credit risk; investors may lose a significant portion of principal if the underlier falls below the buffer.
Morgan Stanley Finance LLC offers contingent-income, principal-at-risk notes linked to the worst performer of the iShares Silver Trust, the Nasdaq-100 Technology Sector Index and the Russell 2000 Index. The offering is for 169 securities at $1,000 per security (aggregate $169,000), with an original issue price of $1,000 and an estimated value of $968.50 on the pricing date. The notes mature on July 6, 2029, pay a contingent coupon at an annual rate of 9.50% only if all underliers meet coupon barriers on observation dates, and expose holders to a loss of principal if the worst performing underlier finishes below its 50% downside threshold. Automatic early redemption can occur on scheduled redemption dates if each underlier meets its call threshold (100% of initial levels).
Morgan Stanley Finance LLC prices a structured, principal-at-risk note offering totaling $319,000. The securities are unsecured obligations of MSFL, fully guaranteed by Morgan Stanley, with a stated principal amount of $1,000 per security and an estimated value on the pricing date of $975.50 per security.
The notes reference the S&P® 500 Equal Weight Index, have a 125% participation rate, a single automatic early redemption observation on July 7, 2027 (call threshold equal to the initial level of 8,626.64), and a maturity date of July 6, 2029. If not called, maturity payoffs vary: full upside with participation when the final level is above the initial level, return of principal if final level is between 70% and 100% of the initial level, or a proportional loss below 70% (performance factor applies).
Morgan Stanley Finance LLC is offering principal-at-risk, auto-callable notes due July 3, 2031 linked to the worst performing of the S&P 500 Index, the State Street Financial Select Sector SPDR ETF (XLF) and the State Street Technology Select Sector SPDR ETF (XLK). Each security has a stated principal amount of $1,000 and an original issue price of $1,000. The securities pay a contingent coupon of 9.15% per annum on each coupon date only if the closing level of all three underliers on the related observation date is at or above their coupon barrier levels (65% of initial levels). The notes are automatically redeemed early if, on a redemption determination date, all three underliers are at or above their call threshold levels (100% of initial levels). At maturity, if any underlier is below its downside threshold (65% of initial level), the payment equals the stated principal multiplied by the performance factor of the worst performing underlier, which can result in a substantial loss or a zero payment. The pricing date estimated value was $944.90 per security; aggregate principal offered is $868,000. All payments are subject to the credit risk of MSFL and the Morgan Stanley guarantee.
Morgan Stanley Finance LLC priced Principal-at-Risk notes tied to NVIDIA common stock. The securities have a $1,000 stated principal per security and an aggregate principal amount of $3,540,000. If the final level on the observation date is at or above the downside threshold of $120.054 (60% of the initial level), holders receive principal plus a fixed $141.60 upside payment (14.16%). If the final level is below the downside threshold, the payment equals the principal times the performance factor (final level / initial level), exposing investors to loss of principal on a 1% per 1% decline basis; there is no minimum payment. The initial level was $200.09, the observation date is July 30, 2027 and the maturity date is August 4, 2027. The estimated value on the pricing date was $989.00 per security; agent commissions and structuring fees reduce proceeds. All payments are subject to Morgan Stanley Finance LLC and Morgan Stanley credit risk.
Morgan Stanley Finance LLC registers $999,000 aggregate principal of structured notes due August 4, 2027. These Principal at Risk notes reference the worst performing of the Russell 2000 and the S&P 500. Each security has a $1,000 stated principal amount and an $1,000 issue price.
At maturity investors receive either the stated principal plus a fixed upside payment of $130 (a 13% return) if both underliers finish at or above their 85% downside thresholds, or a principal payment equal to the stated principal multiplied by the performance factor of the worst performing underlier, exposing investors to full loss of principal if the worst underlier declines sufficiently. Estimated value on the pricing date was $979.10. Commissions of $15 per security were paid to dealers.
Morgan Stanley Finance LLC priced a primary offering of Dual Directional Buffered PLUS notes linked to the EURO STOXX 50® Index with an aggregate principal amount of $366,000. The securities have a stated principal amount of $1,000 per security and an original issue price of $1,000.
Key economic terms include a leverage factor of 166% for upside, an absolute return participation rate of 50% on limited downside scenarios, a buffer amount of 20% (buffer level 80% of the initial level), and a minimum payment at maturity of 20% of principal. The securities mature on July 3, 2031 and are fully and unconditionally guaranteed by Morgan Stanley. All payments are subject to the issuer’s and guarantor’s credit risk.
Morgan Stanley Finance LLC is offering principal-at-risk, auto-callable Jump Securities due July 6, 2029, linked to the worst performing of the Russell 2000® and the S&P 500®. The issue price is $1,000 per security with an estimated value of $980.90 on the pricing date. The securities pay no interest and can be automatically redeemed on the first determination date for an early redemption payment of $1,167.50 if both underliers meet their call thresholds. At maturity the payoff depends on the worst performing underlier, with a 150% participation rate in upside and a downside threshold of 70% of each initial level; losses can be up to the full principal and are subject to the issuer and guarantor credit risk.