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Published on 10/8/2014 in the Prospect News Structured Products Daily.

Morgan Stanley plans trigger PLUS linked to WTI light sweet crude oil

By Jennifer Chiou

New York, Oct. 8 – Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due April 2015 linked to the West Texas intermediate light sweet crude oil, according to an FWP with the Securities and Exchange Commission.

If the price of crude finishes above the initial level, the payout at maturity will be par plus 125% of the gain.

If the price of crude falls by up to the 92.5% trigger level, the payout will be par. Otherwise, investors will be fully exposed to any losses.

The notes (Cusip: 61762GCE2) will price and settle in October.

Morgan Stanley & Co. LLC is the agent.


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