Morgan Stanley plans to price capped gears linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., March 29 – Morgan Stanley plans to price 0% capped gears due June 30, 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 3 times the index return, subject to a maximum return that is expected to be 25% to 28% and will be set at pricing. If the index return is less than zero, investors will have full exposure to the decline.

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

The notes are expected to price April 27.

The Cusip number is 61766A251.

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