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Published on 9/3/2015 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $5.56 million lookback entry participation notes linked to Dow

By Angela McDaniels

Tacoma, Wash., Sept. 3 – Morgan Stanley priced $5.56 million of 0% lookback entry participation securities due Jan. 31, 2019 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The initial index level will be the index’s lowest closing level during the two-month period ending Oct. 28, subject to a maximum level of 16,643.01.

The payout at maturity will be par plus the index return. The notes are not principal protected, so the payout will be less than par if that return is negative.

Morgan Stanley & Co. LLC is the agent.

Issuer:Morgan Stanley
Issue:Lookback entry participation securities
Underlying index:Dow Jones industrial average
Amount:$5,562,500
Maturity:Jan. 31, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus any index gain; exposure to any index decline
Initial index level:Index’s lowest closing level during two months ending Oct. 28, subject to maximum level of 16,643.01
Pricing date:Aug. 28
Settlement date:Sept. 2
Agent:Morgan Stanley & Co. LLC
Fees:3%
Cusip:61765R206

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