    <SEC-DOCUMENT>0001839882-25-070787-index.html : 20251212
    <SEC-HEADER>0001839882-25-070787.hdr.sgml : 20251212
    <ACCEPTANCE-DATETIME>20251212122359
    ACCESSION NUMBER:		0001839882-25-070787
    CONFORMED SUBMISSION TYPE:	424B2
    PUBLIC DOCUMENT COUNT:		5
    FILED AS OF DATE:		20251212
    DATE AS OF CHANGE:		20251212

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			MORGAN STANLEY
    		CENTRAL INDEX KEY:			0000895421
    		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
    		ORGANIZATION NAME:           	02 Finance
    		EIN:				363145972
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		424B2
    		SEC ACT:		1933 Act
    		SEC FILE NUMBER:	333-275587
    		FILM NUMBER:		251567223

    	BUSINESS ADDRESS:
    		STREET 1:		1585 BROADWAY
    		CITY:			NEW YORK
    		STATE:			NY
    		ZIP:			10036
    		BUSINESS PHONE:		212-761-4000

    	MAIL ADDRESS:
    		STREET 1:		1585 BROADWAY
    		CITY:			NEW YORK
    		STATE:			NY
    		ZIP:			10036

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	MORGAN STANLEY DEAN WITTER & CO
    		DATE OF NAME CHANGE:	19980326

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	DEAN WITTER DISCOVER & CO
    		DATE OF NAME CHANGE:	19960315

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			Morgan Stanley Finance LLC
    		CENTRAL INDEX KEY:			0001666268
    		STANDARD INDUSTRIAL CLASSIFICATION:	ASSET-BACKED SECURITIES [6189]
    		ORGANIZATION NAME:           	Office of Structured Finance
    		EIN:				363145972
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		424B2
    		SEC ACT:		1933 Act
    		SEC FILE NUMBER:	333-275587-01
    		FILM NUMBER:		251567224

    	BUSINESS ADDRESS:
    		STREET 1:		1585 BROADWAY
    		CITY:			NEW YORK
    		STATE:			NY
    		ZIP:			10036
    		BUSINESS PHONE:		(212) 761-4000

    	MAIL ADDRESS:
    		STREET 1:		1585 BROADWAY
    		CITY:			NEW YORK
    		STATE:			NY
    		ZIP:			10036
    </SEC-HEADER>
    <DOCUMENT>
    <TYPE>424B2
    <SEQUENCE>1
    <FILENAME>ms12675_424b2-41527.htm
    <DESCRIPTION>PRELIMINARY PRICING SUPPLEMENT NO. 12,675
    <TEXT>
    Document 1 - file: ms12675_424b2-41527.htm

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>2
    <FILENAME>image1.gif
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 2 - file: image1.gif

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>3
    <FILENAME>image2.gif
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 3 - file: image2.gif

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>4
    <FILENAME>image3.gif
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 4 - file: image3.gif

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>5
    <FILENAME>image4.gif
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 5 - file: image4.gif

    </DOCUMENT>
    </SEC-DOCUMENT>