New Issue: Morgan Stanley prices $2.94 million notes linked to Dow with averaging

By Angela McDaniels

Tacoma, Wash., Oct. 2 - Morgan Stanley priced $2.94 million of 0% market-linked notes due Sept. 28, 2018 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the index return, subject to a minimum payout of par.

The final index level will be the average of the index's closing levels on 20 quarterly determination dates.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Market-linked notes based on the average value on quarterly determination dates of the underlying index
Underlying index:	Dow Jones industrial average
Amount:	$2,942,160
Maturity:	Sept. 28, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus index return, subject to minimum payout of par
Initial index level:	15,129.67
Final index level:	Average of index's closing levels on 20 quarterly determination dates
Pricing date:	Sept. 30
Settlement date:	Oct. 3
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	61762P807

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