Morgan Stanley plans contingent income autocallables linked to Boeing

By Susanna Moon

Chicago, Feb. 14 - Morgan Stanley plans to price contingent income autocallable securities with step-up redemption level due February 2017 linked to Boeing Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 8.25% if the stock closes at or above its 80% barrier level on the determination date for that quarter.

The notes will be called at par plus the contingent coupon if the stock closes at or above the initial level on any of the first 11 determination dates.

The payout at maturity will be par plus the final contingent coupon unless the stock finishes below the 80% barrier level, in which case investors will receive a number of Boeing shares equal to par of $10.00 divided by the initial share price.

Morgan Stanley & Co. LLC is the agent.

The notes will price and settle in February.

The Cusip number is 61760S423.

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