New Issue: Morgan Stanley prices $5.87 million buffered jump notes on iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., May 1 - Morgan Stanley priced $5.87 million of 0% buffered jump securities due Oct. 29, 2015 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the exchange-traded fund's final share price is greater than the initial share price, the payout at maturity will be par of $10 plus the greater of the ETF return and 21%. Investors will receive par if the share price declines by 15% or less and will lose 1% for every 1% that the share price declines beyond 15%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Buffered jump securities
Underlying ETF:	iShares MSCI Emerging Markets index fund
Amount:	$5,874,630
Maturity:	Oct. 29, 2015
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If ETF's shares finish above initial share price, par plus greater of ETF return and 21%; par if share price falls by 15% or less; 1% loss for every 1% that share price declines beyond 15%
Initial share price:	$42.31
Pricing date:	April 27
Settlement date:	May 2
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	61760T652

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