New Issue: Morgan Stanley prices $3.51 million trigger PLUS linked to iShares MSCI EAFE

By Jennifer Chiou

New York, Nov. 26 - Morgan Stanley priced $3,509,000 of 0% trigger Performance Leveraged Upside Securities due Nov. 28, 2016 linked to the iShares MSCI EAFE exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 200% of any fund gain, up to a maximum return of 27%.

Investors will receive par if the shares fall by up to 20% and will be fully exposed to the decline if the fund falls to or below the 80% trigger level.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying fund:	iShares MSCI EAFE exchange-traded fund
Amount:	$3,509,000
Maturity:	Nov. 28, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any fund gain, capped at 27%; par if fund falls by less than 20%; full exposure to losses if fund drops to or below trigger level
Initial price:	$66.15
Trigger level:	$52.92, 80% of initial price
Pricing date:	Nov. 22
Settlement date:	Nov. 27
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	61762W596

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