Autocallable with Memory issued by MORGAN STANLEY & CO INTL, denominated in USD. Its payout is linked to AMD UQ Equity, CRM US Equity, DDOG UW Equity, ORCL UN Equity.
The stated annual coupon rate is 20%, with quarterly payments. Coupon eligibility is linked to a 60% trigger, subject to the observation rules. The memory feature may pay previously missed coupons if a later qualifying observation occurs.
This product can redeem early when its autocall conditions are met at the 100% trigger on quarterly observations. Early redemption ends the investment and future coupon opportunities. In a multi-asset autocall, the weakest-performing asset generally governs the conditions; confirm the exact reference method in the final terms.
The stated protection barrier is 60% (European). A barrier is conditional protection, not a guarantee. If its conditions fail, repayment can be exposed to losses in the reference asset. European barriers are generally assessed at a final observation; the term sheet determines the exact calculation.
AMD UQ Equity
ADVANCED MICRO DEVICES is an equity reference asset: a share in the named company. Its value can change with company earnings, sector conditions, market sentiment and currency movements. In this structured product, share performance affects the contractual coupon or repayment tests; holding the note does not mean owning the shares.
CRM US Equity
SALESFORCE.COM INC is an equity reference asset: a share in the named company. Its value can change with company earnings, sector conditions, market sentiment and currency movements. In this structured product, share performance affects the contractual coupon or repayment tests; holding the note does not mean owning the shares.
DDOG UW Equity
DATADOG INC - CLASS A is an equity reference asset: a share in the named company. Its value can change with company earnings, sector conditions, market sentiment and currency movements. In this structured product, share performance affects the contractual coupon or repayment tests; holding the note does not mean owning the shares.
ORCL UN Equity
ORACLE CORP is an equity reference asset: a share in the named company. Its value can change with company earnings, sector conditions, market sentiment and currency movements. In this structured product, share performance affects the contractual coupon or repayment tests; holding the note does not mean owning the shares.
Structured products carry issuer credit risk, market risk and liquidity risk. You may lose part or all of your investment. Barrier levels and quoted coupons do not guarantee a return. Early sale may result in a loss, and currency movements may affect returns.
This explanation summarizes the available feed data; it is not the complete legal term sheet, personalized investment advice or a recommendation. Exact observation rules, credit-event definitions, fees, settlement terms and the full payout formula must be verified in the issuer’s final documentation. Request the final terms before investing.