New Issue: Morgan Stanley prices $2.52 million trigger autocallables linked to Euro Stoxx Banks

By Toni Weeks

San Luis Obispo, Calif., Sept. 17 – Morgan Stanley price $2.52 million of 0% trigger autocallable optimization securities due Sept. 18, 2019 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

Beginning Sept. 21, 2015, the notes will be called at par of $10 plus a call return of 9% per year if the index closes at or above the initial index level on any quarterly observation date.

If the notes are not called and the index finishes at or above the trigger index level, 63.46% of the initial index level, the payout at maturity will be par. Otherwise, investors will be exposed to the index’s decline from its initial level.

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

Issuer:	Morgan Stanley
Issue:	Trigger autocallable optimization securities
Underlying index:	Euro Stoxx Banks
Amount:	$2,518,500
Maturity:	Sept. 18, 2019
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If index finishes at or above trigger level, par; otherwise, investors will be exposed to index decline from initial level
Call:	At par plus 9% per year if index closes at or above initial level on any quarterly observation date beginning Sept. 21, 2015
Initial level:	152.39
Trigger level:	96.71, 63.46% of initial level
Pricing date:	Sept. 12
Settlement date:	Sept. 17
Agent:	Morgan Stanley & Co. LLC with UBS Financial Services Inc. as dealer
Fees:	2.5%
Cusip:	61758S716

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