New Issue: Morgan Stanley prices $1.86 million trigger autocallables linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., March 31 – Morgan Stanley priced $1.86 million of 0% trigger autocallable optimization securities due March 31, 2017linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par of $10 plus a call return of 9.48% per year if the index closes at or above the initial level on any quarterly observation date.

If the notes are not called and the index finishes at or above the trigger level, 73% of the initial index level, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial level.

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

Issuer:	Morgan Stanley
Issue:	Trigger autocallable optimization securities
Underlying index:	Euro Stoxx 50
Amount:	$1,861,500
Maturity:	March 31, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than or equal to trigger level, par; otherwise, full exposure to losses
Call option:	At par plus 9.48% per year if index closes at or above initial level on any quarterly observation date
Initial index level:	3,679.03
Trigger level:	2,685.69, 73% of initial level
Pricing date:	March 27
Settlement date:	March 31
Agent:	Morgan Stanley & Co. LLC
Dealer:	UBS Financial Services Inc.
Fees:	1.5%
Cusip:	61764V588

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