Morgan Stanley plans contingent income autocallables on Halliburton

By Susanna Moon

Chicago, April 3 - Morgan Stanley plans to price contingent income autocallable securities due April 2014 linked to Halliburton Co. shares, according to an FWP with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon of 2.025% to 2.525% if Halliburton stock closes at or above the 75% barrier level on the determination date for that quarter.

If the shares close at or above the initial level on any of the first three quarterly determination dates, the notes will be called at par plus the contingent coupon.

If Halliburton stock finishes at or above the 75% trigger level, the payout at maturity will be par plus the contingent payment.

Otherwise, investors will receive a number of shares of Halliburton stock equal to $10 divided by the initial share price or, at the issuer's option, the cash value of those shares.

Morgan Stanley & Co. LLC is the agent.

The notes will price and settle in April.

The Cusip number is 61761M821.

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