By Angela McDaniels
Tacoma, Wash., June 28 - Morgan Stanley priced $2 million of 0% equity-linked notes due June 29, 2015 linked to a basket of two exchange-traded funds and one index, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the iShares MSCI Emerging Markets index fund with a 50% weight, the iShares MSCI EAFE index fund with a 30% weight and the S&P 500 index with a 20% weight.
The payout at maturity will be par plus 72% of any basket gain. Investors will receive at least par.
Morgan Stanley & Co. Inc. is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Equity-linked notes
|
| Underlying basket: | iShares MSCI Emerging Markets index fund (50% weight), iShares MSCI EAFE index fund (30% weight) and S&P 500 index (20% weight)
|
| Amount: | $2 million
|
| Maturity: | June 29, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 72% of any basket gain; floor of par
|
| Initial levels: | $38.97 for Emerging Markets; $48.57 for EAFE; 1,073.69 for S&P 500
|
| Pricing date: | June 24
|
| Settlement date: | June 29
|
| Underwriter: | Morgan Stanley & Co. Inc.
|
| Fees: | 2.25%
|
| Cusip: | 617482MD3
|
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