Summary by Moomoo AI
Morgan Stanley Finance LLC is offering Callable Contingent Income Securities due December 23, 2027, linked to the performance of the Nasdaq-100 Technology Sector Index, iShares Russell 2000 Value ETF, and EURO STOXX 50 Index. The securities will pay a contingent quarterly coupon of at least 12.75% annually if each underlying closes at or above 70% of its initial level during the observation period.Beginning March 24, 2025, the securities may be redeemed early based on a risk neutral valuation model. At maturity, if not redeemed early, investors will receive the principal amount if each underlying closes at or above 60% of its initial level. Otherwise, investors will be exposed to the worst-performing underlying's decline.The securities involve significant risks, including potential loss of principal. Morgan Stanley estimates the value on the pricing date to be approximately $974.40 per $1,000 security. The offering highlights Morgan Stanley's focus on structured products in the technology and small-cap value sectors.
