Hi,
I think there is a bug in the SPPDemo software for MSP432 (CC256XMS432BTBLESW) that doesn't allow the user to configure baudrates greater than 115200. The problem might be in the following line from SPPDemo.c
MaxBaudRate = (DWord_t)(HCI_DriverInformation->DriverInformation.COMMDriverInformation.BaudRate);
That value always is 115200.
Federico