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Principal Protected Catapult Growth Note

ClosedCatapult3YGrowth Note

Principal Protected Catapult Growth Note

Issued by Morgan Stanley

Principal Protected Catapult Growth Note - Earn 27.80% in Year-1 or 1.25x upside participation

Trade DateJul 7, 2026
Maturity DateJul 12, 2029

What Happens To Your Money

If I invest
$25,000

Note is called at the end of Year-1

27.80%

$31,950

Stock is up 30% at maturity

37.5%

$34,375

Stock is down 30% at maturity

0%

$25,000

Stock is down 100% at maturity

0%

$25,000

Indicative Value (IV) Trend

Last Updated on Sep 14, 2026

Additional Information

  • If the note is auto-called after Year-1, it ends early and investors receive a 27.80% return.

  • If not called, the note offers 1.25x upside based on the worst-performing underlier among NVDA, PLTR, AMD, at maturity/

  • Principal is returned at maturity regardless of the performance of the underliers.

Latest Indicative Price

104.33%

as of Sep 14, 2026

Offering Documents

Offering documents are shown to approved members.

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Key Terms

ProductIssuer Protected Callable Market Linked Growth Note
IssuerMorgan Stanley
Term3Y
Protection Typefull issuer protection
Initial Call Premium27.80% if called in Year-1
Principal Protection100% Barrier
Upside Participation1.25x uncapped
Protection100%
Trade DateJul 7, 2026
Next Event DateJul 8, 2027
Maturity DateJul 12, 2029