Autocallable with Memory issued by MORGAN STANLEY & CO. INTERNATIONAL PLC, denominated in USD. Its payout is linked to AMD UQ Equity, MU UQ Equity, NVDA UQ Equity.
The stated annual coupon rate is 9.6%, 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 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 feed quotes 100% capital protection. It is subject to the contractual conditions and issuer creditworthiness, and generally does not protect an early sale.
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.
MU UQ Equity
MICRON TECHNOLOGY 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.
NVDA UQ Equity
NVIDIA 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.