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Published on 7/28/2009 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $8.03 million 90% protected notes linked to Dow Jones - UBS Commodity index

By E. Janene Geiss

Philadelphia, July 28 - Morgan Stanley priced an $8.03 million issue of zero-coupon 90% capital-protected notes due July 31, 2013 linked to the Dow Jones - UBS Commodity index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the index return, subject to a maximum payout of $1,700 per note and a minimum payout of $900 per note.

Morgan Stanley & Co. Inc. is the agent.

Issuer:Morgan Stanley
Issue:90% capital-protected notes
Underlying asset:Dow Jones - UBS Commodity index
Amount:$8,034,000
Maturity:July 31, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus the index return, capped at $1,700 per note with floor of $900 per note
Initial level:123.316
Pricing date:July 24
Settlement date:July 31
Agent:Morgan Stanley & Co. Inc.
Fees:2.5%

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