Morgan Stanley to price 0% notes linked to 100 North American companies

By Jennifer Chiou

New York, June 1 - Morgan Stanley plans to price 0% global series F notes due Sept. 20, 2013 linked to the common stock of 100 North American companies, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will price at par of $200.

At maturity, the notes will pay $1,000 if no trigger event has occurred over the term of the securities, $800 if one trigger event has occurred, $600 if two trigger events have occurred, $400 if three trigger events have occurred and $200 if four trigger events have occurred.

If five or more trigger events have occurred over the life of the notes, investors will lose their entire investment.

The stocks include ACE Ltd., Aetna Inc., Agrium Inc., Allergan, Inc., Alltel Corp., Altria Group, Inc., American Express Co., Amgen Inc., Apache Corp., Applied Materials, Inc., AT&T Inc., AutoZone, Inc., Baxter International Inc., BellSouth Corp., Belo Corp., BorgWarner Inc., Boston Scientific Corp., Carnival Corp., Caterpillar Inc., CBS Corp.;

Cendant Corp., Centex Corp., CenturyTel, Inc., Cigna Corp., CIT Group Inc., Clear Channel Communications Inc., Computer Sciences Corp., ConAgra Foods, Inc., ConocoPhillips, Deere & Co., Diamond Offshore Drilling, Inc., Dominion Resources, Inc., DTE Energy Co., E. I. du Pont de Nemours and Co., Eastman Chemical Co., Encana Corp.;

Federated Department Stores, Inc., FirstEnergy Corp., Gannett Co., Inc., Genworth Financial, Inc., H.J. Heinz Co., Hewlett-Packard Co., International Paper Co., Jones Apparel Group, Inc., Kimco Realty Corp., Lehman Brothers Holdings Inc., Lennar Corp., Ltd. Brands, Inc., Loews Corp., Marsh & McLennan Cos., Inc.;

A-1 Portfolio Co., Masco Corp., MBIA Inc., McDonald's Corp., MeadWestvaco Corp., Medtronic, Inc., MetLife, Inc., MGIC Investment Corp., Nordstrom, Inc., Occidental Petroleum Corp., Omnicom Group Inc., Pactiv Corp., PPG Industries, Inc., Prudential Financial, Inc., Pulte Homes, Inc., R.R. Donnelley & Sons Co., Radian Group Inc.;

RadioShack Corp., Rohm and Haas Co., RPM International Inc., Ryder System, Inc., Sabre Holdings Corp., Sara Lee Corp., Sealed Air Corp., Southwest Airlines Co., Sprint Nextel Corp., Temple-Inland Inc., Textron Inc., The Allstate Corp., The Bear Stearns Cos. Inc., The Chubb Corp., The Dow Chemical Co., The Goldman Sachs Group, Inc., The Hartford Financial Services Group, Inc.;

The New York Times Co., The PMI Group, Inc., The Sherwin-Williams Co., Time Warner Inc., Toll Brothers, Inc., Transocean Inc., Tyson Foods, Inc., United States Cellular Corp., UnitedHealth Group Inc., UST Inc., V.F. Corp., Verizon Communications Inc., Washington Mutual, Inc., Weyerhaeuser Co., Whirlpool Corp. and Wyeth XL Capital Ltd.

Morgan Stanley will be the underwriter.

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