Summary by Moomoo AI
Morgan Stanley Finance LLC is issuing Callable Contingent Income Securities due December 30, 2027, linked to the performance of the Nasdaq-100 Technology Sector Index, Russell 2000 Index, and S&P 500 Index. The securities offer a contingent monthly coupon of at least 11.60% annually if each index closes at or above 70% of its initial value on observation dates.Starting April 1, 2025, the securities may be redeemed quarterly based on a valuation model. At maturity, investors receive the principal amount if no index closes below 70% of its initial value. Otherwise, investors are exposed to the worst-performing index's decline. The securities do not guarantee principal repayment or regular interest payments.The offering involves risks including potential loss of principal, limited upside participation, and early redemption risk. MS & Co. will sell the securities to an unaffiliated dealer for resale to fee-based advisory accounts at $1,000 per security.
