New Issue: Morgan Stanley sells $750,000 contingent coupon notes on three indexes

By Marisa Wong

Madison, Wis., May 23 - Morgan Stanley priced $750,000 of contingent coupon notes due May 24, 2033 linked to the worst performing of the Euro Stoxx 50 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at an annualized rate of 10% if each index closes at or above its barrier level, 90% of its initial level, on the determination date for that month.

The payout at maturity will be par plus the final coupon.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Contingent coupon notes
Underlying indexes:	Euro Stoxx 50 index, the Russell 2000 index and the S&P 500 index
Amount:	$750,000
Maturity:	May 24, 2033
Coupon:	10% if each index closes at or above its barrier level on determination date for that month
Price:	Par
Payout at maturity:	Par plus final coupon
Initial levels:	2,821.65 for Euro Stoxx, 998.78 for Russell, 1,669.16 for S&P
Barrier levels:	2,539.485 for Euro Stoxx, 898.902 for Russell, 1,502.244 for S&P; 90% of initial levels
Pricing date:	May 21
Settlement date:	May 24
Agent:	Morgan Stanley & Co. LLC
Fees:	1%
Cusip:	61761JGS2

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