Morgan Stanley to price notes linked to basket of four currencies

By Toni Weeks

San Diego, April 29 - Morgan Stanley plans to price 0% currency-linked notes due May 29, 2015 linked to the performance of a basket of currencies relative to the U.S. dollar, according to an FWP filing with the Securities and Exchange Commission.

The basket includes equal weights of the Brazilian real, the Australian dollar, the Canadian dollar and the Norwegian krone.

The payout at maturity will be par plus 250% to 350% of the basket return, subject to a maximum payment of $3,500 to $4,000 per $1,000 principal amount. Investors will receive a minimum of par. The basket return will be positive if the basket appreciates relative to the U.S. dollar.

The notes (Cusip: 61747YDB8) are expected to price May 24 and settle May 27.

Morgan Stanley & Co. Inc. will be the agent.

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