New Issue: Morgan Stanley prices $3.36 million capped leveraged notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Feb. 19 – Morgan Stanley priced $3.36 million of 0% capped leveraged notes due Oct. 5, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any index gain, up to a maximum settlement amount of $1,300 for each $1,000 principal amount of notes. Investors will be exposed to any index decline.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Capped leveraged notes
Underlying index:	S&P 500
Amount:	$3.36 million
Maturity:	Oct. 5, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus three times any index gain, capped at 30%; exposure to any losses
Initial index level:	1,926.82
Pricing date:	Feb. 17
Settlement date:	Feb. 24
Agent:	Morgan Stanley & Co. LLC
Fees:	None
Cusip:	61761JX61

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