Morgan Stanley plans to price Lasers linked to Brazilian real

By Toni Weeks

San Diego, July 2 - Morgan Stanley plans to price 0% Index Leading Stockmarket Return Securities due Aug. 2, 2015 linked to the Brazilian real relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above 50% of its initial level, the payout at maturity will be par plus the greater of the index return and a fixed percentage of 26% to 31% that will be set at pricing. Otherwise, the payout will be par plus the index return with full exposure to losses from the initial level.

The notes (Cusip: 617482SQ8) are expected to price in July and settle on Aug. 2.

Morgan Stanley & Co. Inc. will be the agent, and Morgan Stanley Smith Barney LLC will handle distribution.

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