New Issue: Morgan Stanley prices $1.21 million contingent coupon notes on Euro Stoxx 50, S&P 500

By Angela McDaniels

Tacoma, Wash., July 30 - Morgan Stanley priced $1.21 million of contingent coupon notes due July 29, 2033 linked to worst performing of the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Each month, the notes will pay a coupon at the rate of 8.5% per year if each index closes at or above its barrier level on the observation date for that month. The barrier level for each index is 80% of its initial index level.

The payout at maturity will be par plus the final coupon, if any.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Contingent coupon notes
Underlying indexes:	Euro Stoxx 50 and S&P 500
Amount:	$1,212,000
Maturity:	July 29, 2033
Coupon:	Payable monthly at rate of 8.5% per year if each index closes at or above its barrier level on the observation date for that month
Price:	Par
Payout at maturity:	Par plus final coupon, if any
Initial index levels:	2,741.96 for Euro Stoxx 50 and 1,691.65 for S&P 500
Barrier levels:	2,193.568 for Euro Stoxx 50 and 1,353.32 for S&P 500; 80% of initial levels
Pricing date:	July 26
Settlement date:	July 31
Agent:	Morgan Stanley & Co. LLC
Fees:	4%
Cusip:	61761JJP5

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