By Susanna Moon
Chicago, July 20 - Morgan Stanley priced $1.3 million of 0% buffered Performance Leveraged Upside Securities due Jan. 23, 2012 based on the Dow Jones-UBS Commodity Index 3 Month Forward, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.13 times any index gain, up to a maximum of $1,169.50 per $1,000 principal amount.
Investors will receive par if the index falls by up to 15% and will lose 1.176% for each 1% decline beyond 15%.
Morgan Stanley & Co. Inc. is the agent.
Issuer: | Morgan Stanley
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Issue: | Buffered Performance Leveraged Upside Securities
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Underlying index: | Dow Jones-UBS Commodity Index 3 Month Forward
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Amount: | $1,295,000
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Maturity: | Jan. 23, 2012
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 113% of any index gain, capped at 16.95%; 1.176% loss for each 1% drop beyond 15%
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Initial level: | 262.7716
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Pricing date: | July 16
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Settlement date: | July 26
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Agent: | Morgan Stanley & Co. Inc.
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Fees: | 1.25%
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Cusip: | 617482MN1
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