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Published on 1/30/2014 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $24.29 million trigger performance notes linked to Euro Stoxx

By Marisa Wong

Madison, Wis., Jan. 30 - Morgan Stanley priced $24.29 million of 0% trigger performance securities due Jan. 31, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 240.18% of any index gain.

Investors will receive par if the index falls by up to 50% and will be fully exposed to any losses if the index finishes below the 50% trigger level.

Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.

Issuer:Morgan Stanley
Issue:Trigger performance securities
Underlying index:Euro Stoxx 50
Amount:$24,287,060
Maturity date:Jan. 31, 2024
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 240.18% of any index gain; par if index falls by up to 50%; otherwise, full exposure to losses
Initial index level:3,011.45
Trigger level:1,505.73, 50% of initial level
Pricing date:Jan. 29
Settlement date:Jan. 31
Agent:Morgan Stanley & Co. LLC
Dealer:UBS Financial Services Inc.
Fees:5%
Cusip:61762W851

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