By Susanna Moon
Chicago, June 22 - Morgan Stanley priced $3.71 million of 0% buffered Performance Leveraged Upside Securities due Dec. 27, 2011 based on the Dow Jones - UBS Commodity Index 3 Month Forward, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.27 times any index gain, up to a maximum of $1,190.50 per $1,000 principal amount.
Investors will receive par if the index falls by up to 15% and will lose 1.176% loss for each 1% decline beyond 15%.
Morgan Stanley & Co. Inc. is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | Dow Jones - UBS Commodity Index 3 Month Forward
|
| Amount: | $3,709,000
|
| Maturity: | Dec. 27, 2011
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 127% of any index gain, capped at 19.05%; 1.176% loss for each 1% drop beyond 15%
|
| Initial index level: | 264.7748
|
| Pricing date: | June 18
|
| Settlement date: | June 25
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 1.25%
|
| Cusip: | 617482MB7
|
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