Morgan Stanley plans PLUS linked to basket of eight commodities

By Marisa Wong

Madison, Wis., May 27 - Morgan Stanley plans to price 0% Performance Leveraged Upside Securities due December 2016 linked to an unequally weighted basket of commodities, according to an FWP filing with the Securities and Exchange Commission.

The underlying commodities are palladium and platinum, each with a 15% weight; copper, corn, RBOB gasoline, natural gas and soybeans, each with a 12% weight; and West Texas Intermediate light sweet crude oil with a 10% weight.

The payout at maturity will be par plus triple any basket gain, up to a maximum return of 31%.

Investors will be exposed to any losses.

Morgan Stanley & Co. LLC is the agent.

The notes will price in May and settle in June.

The Cusip number is 61762GBQ6.

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