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 priced a principal-at-risk structured note offering totaling $3,604,000 (3,604 securities) issued at $1,000 per security with an estimated value of $955.10 on the pricing date. The notes are unsecured obligations of MSFL and fully guaranteed by Morgan Stanley.
The notes are linked to the worst performing of the S&P 500® and Russell 2000® indices, include an automatic early redemption feature on the first determination date (April 5, 2027) for an early redemption payment of $1,168.50, and pay at maturity on April 5, 2029 either (a) principal plus an upside payment (150% participation on the worst-performing underlier’s appreciation), (b) stated principal only if both underliers finish above their 75% downside thresholds, or (c) a reduced principal equal to the worst-performing underlier’s performance factor (which could result in a total loss). All payments are subject to Morgan Stanley credit risk.
Morgan Stanley Finance LLC is offering Principal at Risk, contingent-income auto-callable securities due July 6, 2027, fully and unconditionally guaranteed by Morgan Stanley. The securities pay a contingent coupon only if both underliers meet coupon barrier levels on each observation date and may auto-redeem early if both underliers meet call thresholds on a redemption determination date. Stated principal is $1,000 per security (issue price $1,000), aggregate principal $12,663,000, estimated value on the pricing date $967.00. The contingent annual coupon rate is 11.75%, paid only when both the Nasdaq-100® Technology Sector Index (NDXT) and the Russell 2000® Index (RTY) exceed their coupon barrier levels on observation dates. If not auto-redeemed, maturity payout returns principal only if both final levels are at or above their downside thresholds (75% of initial levels); otherwise payment equals the stated principal times the performance factor of the worst performing underlier, which can result in a substantial loss of principal, possibly to zero. All payments depend on issuer and guarantor creditworthiness.
Morgan Stanley Finance LLC filed a pricing supplement to sell Principal at Risk securities tied to NVIDIA Corporation common stock. The offering is for an aggregate principal amount of $1,577,000 at a stated principal amount of $1,000 per security. Each security will mature on May 6, 2027 and pays no interest; investors receive $152 per security (15.20%) at maturity if the final level is at or above the downside threshold of $104.64 (60% of the initial level). If the final level is below that threshold, holders suffer losses proportional to the decline (performance factor = final level / initial level), and the payment could be significantly less than principal or zero. Payments are unsecured obligations of MSFL and are unconditionally guaranteed by Morgan Stanley; all payments are subject to Morgan Stanley’s credit risk.
Morgan Stanley Finance LLC priced a series of principal‑at‑risk, auto‑callable structured notes due April 4, 2030, fully and unconditionally guaranteed by Morgan Stanley. The offering totals $1,485,000 aggregate principal at an issue price of $1,000 per security and an estimated value on the pricing date of $926.70 per security. The notes pay no interest, are linked to the worst performing of the Dow Jones Industrial Average, Nasdaq‑100 and S&P 500, carry a 150% participation rate in upside of the worst performing underlier, an automatic early redemption payment of $1,127.50 if all underliers meet call thresholds on the first determination date, and a downside threshold at 70% of initial levels. All payments are subject to Morgan Stanley's credit risk and investors may lose up to their entire principal if the worst performing underlier declines below its downside threshold.
Morgan Stanley Finance LLC priced a contingent income auto-callable note due April 6, 2029, linked to the worst performing of the Dow Jones Industrial Average, EURO STOXX 50 and Russell 2000 and fully guaranteed by Morgan Stanley. The securities pay a contingent coupon of 10.80% per annum on observation dates only if all underliers meet coupon barrier levels; they are subject to automatic early redemption on listed determination dates and expose investors to loss of principal if the worst performing underlier falls below its 70% downside threshold at maturity.
Morgan Stanley Finance LLC priced $5,300,000 of Dual Directional Buffered PLUS notes due April 5, 2028. The securities (issued at $1,000 each) provide 150% leveraged upside on the Russell 2000® up to a capped payment of $1,208.50, a 15% buffer for limited losses and a minimum maturity payment of $150 per note.
The notes pay no interest, are unsecured obligations of MSFL and are unconditionally guaranteed by Morgan Stanley; estimated value on the pricing date was $959.20 per note and proceeds will be used for general corporate purposes.
Morgan Stanley Finance LLC offers contingent-income, buffered auto-callable notes due May 2, 2029, fully guaranteed by Morgan Stanley. Each security has a stated principal amount of $1,000 and a contingent annual coupon of 20.00% payable only if all three underliers meet coupon barriers on observation dates. The estimated value on the pricing date was approximately $908.60. At maturity investors receive principal except where the worst performing underlier falls below its 80% buffer, in which case losses equal 1% per 1% decline beyond the buffer, subject to a 20% minimum payment. The securities are linked to the worst performing of Cleveland-Cliffs (CLF), Centene (CNC) and Cloudflare (NET) and are subject to issuer credit risk, early automatic redemption mechanics and complex tax treatment.
Morgan Stanley Finance LLC is offering Principal at Risk auto-callable securities linked to Microsoft Corporation common stock with a stated principal amount of $1,000 per security and an aggregate principal amount of $4,051,000. The securities pay a contingent coupon at an annual rate of 14.50% on observation dates when the closing level of the underlying is at or above the coupon barrier ($296.136, which is 80% of the initial level). The securities can be automatically redeemed early if the underlier closes at or above the call threshold ($370.17, the initial level) on a redemption determination date. If not redeemed, maturity payment depends on the final level: investors receive full principal if the final level is at or above the downside threshold ($296.136), or a reduced principal determined by the performance factor (final level/initial level) if below that threshold. All payments are subject to issuer and guarantor credit risk; estimated value on the pricing date was $970.60 per security.
Morgan Stanley Finance LLC priced a Preliminary Pricing Supplement for Dual Directional Buffered PLUS notes due April 10, 2031, guaranteed by Morgan Stanley, with a $1,000 stated principal amount per security. The securities reference the worst performing of the Dow Jones Industrial Average and the S&P 500, provide a 111.50% leverage factor for upside, include a 25% buffer and a 25% minimum payment at maturity, and do not pay interest.
The payment at maturity depends solely on closing levels on the observation date April 7, 2031. The preliminary document shows an estimated value on the pricing date of approximately $966.50 per security and discloses material risks including principal loss if either underlier finishes below its buffer and credit exposure to Morgan Stanley.
Morgan Stanley Finance LLC priced structured, principal-at-risk, auto-callable securities linked to the worst performing of NVIDIA, Microsoft and Alphabet (Class A). Each security has a stated principal of $1,000, an estimated value on the pricing date of approximately $937.60, a 300% participation rate, an automatic early redemption test on April 20, 2027 and maturity on April 20, 2029. If not auto‑redeemed, maturity payoff depends on the worst performing underlier versus its downside threshold (50% of initial level); losses can be up to the full principal. All payments are unsecured and subject to Morgan Stanley credit risk.