New issue: Morgan Stanley prices $706,000 buffered jump securities on the Dow

By Jennifer Chiou

New York, Feb. 1 - Morgan Stanley priced $706,000 of 0% buffered jump securities due Jan. 31, 2018 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the greater of the index return and the upside payment of $400 per $1,000 principal amount.

Investors will receive par if the index declines by up to 10% and will share in losses beyond the 10% buffer.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Buffered jump securities
Underlying index:	Dow Jones industrial average
Amount:	$706,000
Maturity:	Jan. 31, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus greater of index return and 40%; par if index declines up to 10%; exposure to losses beyond 10%
Initial level:	13,881.93
Buffer level:	12,493.737, 90% of initial level
Pricing date:	Jan. 28
Settlement date:	Jan. 31
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	61761JAZ2

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