Morgan Stanley plans trigger PLUS linked to iShares U.S. Real Estate

By Jennifer Chiou

New York, March 19 - Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due April 2016 linked to the iShares U.S. Real Estate exchange-traded fund, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus 1.5 times any gain in the fund, up to a maximum payment of $13.85 per note.

Investors will receive par if the shares fall up to 15% and will be fully exposed to any losses the shares fall below the 85% trigger level.

The notes (Cusip: 61760S670) will price in March and settle in April.

Morgan Stanley & Co. LLC is the agent.

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