Morgan Stanley to price six-year notes linked to Dow Industrials

By Angela McDaniels

Tacoma, Wash., July 28 - Morgan Stanley plans to price 0% equity-linked notes due Aug. 25, 2016 linked to the Dow Jones Industrial Average, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus the index return, subject to a minimum payout of par and a maximum payout of $15 to $16. The exact cap will be set at pricing.

The notes (Cusip: 61759G612) will price Aug. 25 and settle Aug. 30.

Morgan Stanley & Co. Inc. is the agent.

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