Morgan Stanley to price trigger PLUS linked to Vanguard FTSE EM fund

By Toni Weeks

San Luis Obispo, Aug. 6 - Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due August 2016 linked to the Vanguard FTSE Emerging Markets exchange-traded fund, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus 1.5 times any gain in the fund, up to a maximum payment of $15.00 to $15.40 per note.

Investors will receive par if the shares fall less than 15% and will be fully exposed to any losses if the shares fall by 15% or more.

The notes (Cusip: 61762P435) are expected to price in August and settle in September.

Morgan Stanley & Co. LLC is the agent with Morgan Stanley Wealth Management as the dealer.

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