By Marisa Wong
Madison, Wis., Nov. 23 - Morgan Stanley priced $1.39 million of 0% Performance Leveraged Upside Securities due May 29, 2012 based on the performance of a basket of four equally weighted currencies relative to the U.S. dollar, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying currencies are the Indian rupee, Indonesian rupiah, Korean won and Singapore dollar.
The payout at maturity will be par plus 4.5 times any basket gain, up to a maximum payout of $1,225 per $1,000 principal amount.
Investors will be fully exposed to any losses.
Morgan Stanley & Co. Inc. is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying basket: | Equal weights of Indian rupee, Indonesian rupiah, Korean won and Singapore dollar
|
| Amount: | $1.39 million
|
| Maturity: | May 29, 2012
|
| Coupon: | 0%
|
| Price: | Par of $1,000
|
| Payout at maturity: | Par plus 450% of any basket gain, return capped at 22.5%; exposure to any basket decline
|
| Initial exchange rates: | 45.26 for rupee; 8,935 for rupiah; 1,131.7 for won; and 1.2967 for Singapore dollar
|
| Pricing date: | Nov. 19
|
| Settlement date: | Nov. 29
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 1.25%
|
| Cusip: | 61747WAC3
|
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