New Issue: Morgan Stanley prices $1.85 million buffered jump notes linked to Dow

By Angela McDaniels

Tacoma, Wash., April 27 - Morgan Stanley priced $1.85 million of 0% buffered jump securities due Oct. 28, 2016 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the greater of the index return and 48%. Investors will receive par if the index declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Buffered jump securities
Underlying index:	Dow Jones industrial average
Amount:	$1,847,000
Maturity:	Oct. 28, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes above initial level, par plus greater of index return and 48%; par if index falls by 20% or less; 1% loss for every 1% that index declines beyond 20%
Initial index level:	13,090.72
Pricing date:	April 25
Settlement date:	April 30
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	617482J39

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