Morgan Stanley to price notes linked to S&P 500 Daily Risk Control 10%

By Angela McDaniels

Tacoma, Wash., March 13 - Morgan Stanley plans to price 0% market-linked notes linked to the S&P 500 Daily Risk Control 10% Index Excess Return, according to an FWP filing with the Securities and Exchange Commission.

The maturity date will fall sometime between December 2015 and June 2016. It will be set at pricing.

The payout at maturity will be par of $10 plus the index return, subject to a minimum payout of par.

The index is intended to provide investors with exposure to the S&P 500 Total Return index while attempting to provide greater stability and lower overall risk of large fluctuations as compared to the S&P 500 Total Return through the use of a volatility target.

The notes (Cusip: 61760T512) will price in March and settle in April.

Morgan Stanley & Co. LLC is the agent.

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