New Issue: Morgan Stanley prices $1.09 million buffered PLUS linked to commodities

By Susanna Moon

Chicago, July 3 – Morgan Stanley priced $1.09 million of 0% buffered Performance Leveraged Upside Securities due Jan. 5, 2017 linked to a basket of five equally weighted commodities, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying commodities are West Texas Intermediate light sweet crude oil, RBOB gasoline, copper, palladium and soybeans.

The payout at maturity will be par plus 175% of any basket gain.

Investors will receive par for losses up to 10% and will be exposed to any losses beyond 10%.

Morgan Stanley & Co. LLC is the underwriter.

Issuer:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying basket:	West Texas Intermediate light sweet crude oil, RBOB gasoline, copper, palladium, soybeans, equally weighted
Amount:	$1,085,000
Maturity:	Jan. 5, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 175% of any basket gain; par for losses up to 10%; exposure to any losses beyond 10%
Pricing date:	June 30
Settlement date:	July 3
Agent:	Morgan Stanley & Co. LLC
Fees:	2.25%
Cusip:	61762GBT0

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