Summary by Futu AI
Morgan Stanley Finance LLC has announced the issuance of Jump Securities with Auto-Callable Feature due January 3, 2031, linked to the performance of the S&P 500 Index. The securities offer potential early redemption with a payment of at least $1,105 per $1,000 security if the index closes at or above its initial value on the first determination date.If not redeemed early, at maturity investors will receive the $1,000 principal plus 125% of any index gains if the final index value exceeds the initial value. However, if the final index value is below 85% of the initial value, investors will be fully exposed to index losses. The securities do not pay interest.The offering highlights Morgan Stanley's continued innovation in structured products, providing investors with enhanced yield potential and partial downside protection tied to U.S. large-cap equity performance. However, the securities involve risks including potential loss of principal and are subject to Morgan Stanley's credit risk.