Morgan Stanley Finance LLC Files 424B2 for New Securities Offering

TL;DR

**Morgan Stanley Finance LLC is issuing new securities, likely to raise capital.**

AI Summary

Morgan Stanley Finance LLC filed a 424B2 prospectus on March 23, 2026, for Pricing Supplement No. 15,024, indicating they are offering new securities. This filing is under the parent company Morgan Stanley (CIK: 0000895421) and uses the same EIN (363145972). This matters to investors because it signals Morgan Stanley Finance LLC is raising capital, which could be used for various corporate purposes, potentially impacting future earnings or debt levels.

Why It Matters

This filing indicates Morgan Stanley Finance LLC is issuing new securities to raise capital, which could affect the company's financial structure and future investment opportunities.

Risk Assessment

Risk Level: medium — The filing itself is a standard disclosure for a securities offering, but the terms of the offering (not detailed here) could introduce market or credit risk.

Analyst Insight

An investor should look for the full Pricing Supplement No. 15,024 to understand the specific terms, interest rates, maturity dates, and other details of the new securities being offered by Morgan Stanley Finance LLC, as these details will determine the impact on the company and potential investment opportunities.

Key Numbers

• 15,024 — Pricing Supplement Number (Identifies the specific terms of the securities being offered.)
• 2026-03-23 — Filing Date (Indicates when the prospectus was officially submitted to the SEC.)

Key Players & Entities

• Morgan Stanley Finance LLC (company) — Filer of the 424B2 prospectus
• Morgan Stanley (company) — Parent company of the filer
• 0001666268 (person) — CIK for Morgan Stanley Finance LLC
• 0000895421 (person) — CIK for Morgan Stanley
• 363145972 (person) — EIN for both Morgan Stanley Finance LLC and Morgan Stanley
• March 23, 2026 (date) — Filing date of the 424B2
• 15,024 (dollar_amount) — Pricing Supplement Number

FAQ

Key Financial Figures

• $1,000 — an Stanley Stated principal amount: $1,000 per security Issue price: $1,000 pe
• $500,000 — below) Aggregate principal amount: $500,000 Underlier: Apollo Global Management
• $976.90 — Estimated value on the pricing date: $976.90 per security. See "Estimated Value of t
• $12 — eds to us (2) Per security $1,000 $12 $988 Total $500,000 $6,000 $4
• $988 — us (2) Per security $1,000 $12 $988 Total $500,000 $6,000 $494,000
• $6,000 — 1,000 $12 $988 Total $500,000 $6,000 $494,000 (1) Selected dealers and t
• $494,000 — 12 $988 Total $500,000 $6,000 $494,000 (1) Selected dealers and their financ
• $111 — uption events Call threshold level: $111.20, which is 100% of the initial level
• $100.00 — ecurity Hypothetical initial level: $100.00* Hypothetical call threshold level:
• $100 — Hypothetical call threshold level: $100.00, which is 100% of the hypothetical i
• $60 — ypothetical downside threshold level: $60.00, which is 60% of the hypothetical in
• $39.30 — r annum (corresponding to approximately $39.30 per interest period per security). The
• $40.00 — ical Redemption Determination Date #1 $40.00 ( less than the call threshold level)
• $150.00 — ical Redemption Determination Date #2 $150.00 ( greater than or equal to the call thr
• $140.00 — e final interest period) Example #1 $140.00 ( greater than or equal to the downside

Filing Documents

• ms15024_424b2-10606.htm (424B2) — 208KB
• ex-filingfees.htm (EX-FILING FEES) — 8KB
• image1.gif (GRAPHIC) — 100KB
• 0001839882-26-016526.txt ( ) — 450KB
• ex-filingfees_htm.xml (XML) — 2KB

Risk Factors

Risk Factors This section describes the material risks relating to the securities. For further discussion of these and other risks, you should read the section entitled "Risk Factors" in the accompanying product supplement and prospectus. We also urge you to consult with your investment, legal, tax, accounting and other advisers in connection with your investment in the securities. Risks Relating to an Investment in the Securities The securities do not guarantee the return of any principal. The terms of the securities differ from those of ordinary debt securities in that they do not guarantee the repayment of any principal. If the securities have not been automatically redeemed prior to maturity and the final level is less than the downside threshold level, the payout at maturity will be, in addition to the fixed coupon with respect to the final interest period, an amount in cash that is significantly less than the stated principal amount of each security, and you will lose an amount proportionate to the full decline in the level of the underlier over the term of the securities. There is no minimum payment at maturity on the securities, and, accordingly, you could lose your entire initial investment in the securities. Investors will not participate in any appreciation in the value of the underlier. Investors will not participate in any appreciation in the value of the underlier from the strike date to the observation date, and the return on the securities will be limited to the fixed coupons that are paid on the coupon payment dates until early redemption or maturity. The securities are subject to early redemption risk. The term of your investment in the securities may be shortened due to the automatic early redemption feature of the securities. If the securities are automatically redeemed prior to maturity, you will receive no further payments on the securities, may be forced to invest in a lower interest rate environment and may not be able to reinvest a

View Full Filing

View this 424B2 filing on SEC EDGAR