Morgan Stanley Finance LLC Files 424B2 for New Securities Offering

TL;DR

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

AI Summary

Morgan Stanley Finance LLC, a subsidiary of Morgan Stanley, filed a 424B2 prospectus on March 24, 2026, for an offering under its existing shelf registration (File No. 333-275587-01). This filing, identified as Pricing Supplement No. 14,989, indicates that Morgan Stanley Finance LLC is issuing new securities, likely debt or structured products, to raise capital. For investors, this means Morgan Stanley Finance LLC is actively managing its funding, which could impact its financial leverage and future profitability, making it important to understand the terms of these new securities.

Why It Matters

This filing signals Morgan Stanley Finance LLC is raising capital, which could affect its balance sheet and future financial performance, impacting the value of its parent company's stock.

Risk Assessment

Risk Level: medium — The filing itself is routine for a financial institution, but the underlying securities being offered could carry various risks depending on their structure and terms, which are not detailed here.

Analyst Insight

Investors should review the full 'PRICING SUPPLEMENT NO. 14,989' document to understand the specific terms, risks, and potential returns of the securities being offered by Morgan Stanley Finance LLC before making any investment decisions.

Key Numbers

• 14,989 — Pricing Supplement Number (Identifies this specific offering under the shelf registration.)
• 333-275587-01 — Shelf Registration File Number (Indicates this offering is part of a pre-approved, larger securities issuance program for Morgan Stanley Finance LLC.)
• 2026-03-24 — Filing Date (The date this specific prospectus was filed with 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 of Morgan Stanley Finance LLC
• 0000895421 (person) — CIK of Morgan Stanley
• 333-275587-01 (dollar_amount) — File number for Morgan Stanley Finance LLC's shelf registration
• 333-275587 (dollar_amount) — File number for Morgan Stanley's shelf registration
• 14,989 (dollar_amount) — Pricing Supplement Number
• 2026-03-24 (dollar_amount) — Filing Date

FAQ

Key Financial Figures

• $359.10 — hold at maturity the upside payment of $359.10 per security in addition to the stated
• $900 — maturity per security will be less than $900 and could be zero. Accordingly, you may
• $1,000 — ntor: Morgan Stanley Issue price: $1,000 per security (see "Commissions and issu
• $2,615,000 — 3, 2028 Aggregate principal amount: $2,615,000 Interest: None Underlying stock:
• $257 — l amount) Downside threshold level: $257.904, which is 90% of the initial share
• $286 — al share price Initial share price: $286.56, which is the closing price of the u
• $965.30 — Estimated value on the pricing date: $965.30 per security. See "Investment Summary"
• $20 — eds to us (3) Per security $1,000 $20 (1) $5 (2) $975 Total $2,615,00
• $5 — (3) Per security $1,000 $20 (1) $5 (2) $975 Total $2,615,000 $65,3
• $975 — security $1,000 $20 (1) $5 (2) $975 Total $2,615,000 $65,375 $2,549
• $65,375 — $5 (2) $975 Total $2,615,000 $65,375 $2,549,625 (1) Selected dealers, in
• $2,549,625 — $975 Total $2,615,000 $65,375 $2,549,625 (1) Selected dealers, including Morga
• $500 — will result in a payment at maturity of $500 per security). March 2026 Page 4 Mo
• $1,000 b — ess than the stated principal amount of $1,000 by an amount that is proportionate to the

Filing Documents

• ms14989_424b2-10654.htm (424B2) — 201KB
• ex-filingfees.htm (EX-FILING FEES) — 8KB
• image1.gif (GRAPHIC) — 61KB
• image2.gif (GRAPHIC) — 87KB
• 0001839882-26-016663.txt ( ) — 508KB
• 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 pay interest or guarantee any return of principal. The terms of the securities differ from those of ordinary debt securities in that the securities do not pay interest or guarantee payment of any of the principal amount at maturity. At maturity, you will receive for each $1,000 stated principal amount of securities that you hold an amount in cash based upon the final share price. If the final share price is less than the initial share price but greater than or equal to the downside threshold level, you will receive only the principal amount of $1,000 per security. However, if the final share price is less than the downside threshold level, you will receive an amount in cash that is significantly less than the $1,000 stated principal amount of each security by an amount proportionate to the full decline in the value of the underlying stock, and you will lose a significant portion or all of your investment. There is no minimum payment at maturity on the securities, and, accordingly, you could lose your entire investment. See "How the Trigger Jump Securities Work" above. The appreciation potential is fixed and limited. Where the final share price is greater than or equal to the initial share price, the appreciation potential of the securities is limited to the upside payment of $359.10 per security (35.91% of the stated principal amount), even if the final share price is significantly greater than the initial share price. The market price of the securities may be influenced by many unpredictable factors . Sever

View Full Filing

View this 424B2 filing on SEC EDGAR