New Issue: Morgan Stanley prices $2.69 million trigger PLUS tied to S&P GSCI Gold Excess Return

By Jennifer Chiou

New York, Oct. 27 - Morgan Stanley priced $2.69 million of 0% trigger Performance Leveraged Upside Securities due Oct. 28, 2015 linked to the S&P GSCI Gold Index-Excess Return , according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 130% of any index gain.

Investors will receive par if the index falls up to 35% and will be fully exposed to losses from the initial level if it drops more than 35%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P GSCI Gold Index-Excess Return
Amount:	$2,693,000
Maturity date:	Oct. 28, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 130% of gain in index; par if index falls by up to 35%; full exposure to losses if index falls more than 35%
Initial level:	145.5706
Trigger level:	94.62089, 65% of initial level
Pricing date:	Oct. 25
Settlement date:	Oct. 28
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	617482K52

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