New Issue: Morgan Stanley prices $5.27 million Buffered PLUS linked to index, fund

By Susanna Moon

Chicago, May 8 - Morgan Stanley priced $5.27 million of 0% Buffered Performance Leveraged Upside Securities due May 11, 2016 linked to the Euro Stoxx 50 index and Industrial Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

If each component finishes at or above the initial level, the payout at maturity will be par plus 140% of the gain in the worse performing component.

Investors will receive par if each component falls by up to 20% and will lose 1.25% for every 1% decline in the worse performing component beyond 20%.

Morgan Stanley & Co. LLC is the underwriter.

Issuer:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying:	Euro Stoxx 50 index and Industrial Select Sector SPDR fund
Amount:	$5,266,000
Maturity:	May 11, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If each component gains, par plus 140% of return of worse performing component; par if component falls by up to 20%; 1.25% loss for every 1% decline in worse performing component beyond 20%
Initial levels:	3,149.79 for index, $52.53 for fund
Trigger level:	80% of initial level
Pricing date:	May 6
Settlement date:	May 9
Underwriters:	Morgan Stanley & Co. LLC
Fees:	0.1%
Cusip:	61761JQV4

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