New Issue: Morgan Stanley prices $4.6 million trigger PLUS linked to commodities

By Angela McDaniels

Tacoma, Wash., June 3 - Morgan Stanley priced $4.6 million of 0% trigger Performance Leveraged Upside Securities due Dec. 3, 2014 linked to an equally weighted basket of commodities, according to an FWP filing with the Securities and Exchange Commission.

The basket consists of copper, cotton, RBOB gasoline, live cattle, palladium, soybeans and West Texas Intermediate light sweet crude oil.

If the basket return is positive, the payout at maturity will be par plus 150% of the basket return. Investors will receive par if the basket falls by up to 10% and will be fully exposed to the decline from the initial level if the basket falls by more than 10%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying commodities:	Copper, cotton, RBOB gasoline, live cattle, palladium, soybeans and West Texas Intermediate light sweet crude oil, equally weighted
Amount:	$4,596,000
Maturity:	Dec. 3, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 150% of basket return; par if basket falls by up to 10%; full exposure to decline from initial level if basket falls by more than 10%
Pricing date:	May 30
Settlement date:	June 4
Agent:	Morgan Stanley & Co. LLC
Fees:	1.5%
Cusip:	61762GBM5

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