Morgan Stanley plans contingent income autocallables on three indexes

By Susanna Moon

Chicago, March 22 - Morgan Stanley plans to price contingent income autocallable securities due April 2018 linked to the worst performing of the S&P 500 index, the Euro Stoxx 50 index and the Topix index, according to an FWP filing with the Securities and Exchange Commission.

The notes will pay contingent quarterly coupon at the rate of 8.25% if each index closes at or above its 75% coupon barrier level for that quarter.

The notes will be callable at par plus the contingent payment after one year if each index rises above its initial level on any quarterly observation date.

The payout at maturity will be par plus the final contingent coupon each unless any index finishes below its 55% downside threshold level, in which case investors will be fully exposed to the losses of the worst performing index.

Morgan Stanley & Co. LLC is the agent.

The notes will price in March and settle in April.

The Cusip number is 61761JEH8.

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